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LCS Completes Acquisition of The Arlington of Naples
“LCS has a proven record of using our programs and services to reinvigorate communities to enhance the lives of residents and their families,” said Dan Lahey, LCS EVP/Chief Investment Officer. “We are thrilled with this acquisition and the opportunity to use our expertise to support this incredible life plan community.”
Originally developed and opened in 2015, the amenity rich community includes 47 estate homes, 128 independent living apartments, 42 assisted living apartments, 37 memory care apartments, and 44 private rooms in the skilled nursing facility.
"The Arlington is one of the premier life plan communities in the country, and we are pleased to help facilitate a sale which provides financial stability to the community and its residents and staff,” said Dave Kliewer, Grandbridge Senior Housing Investment Sales. “LCS was an ideal fit for The Arlington given their existing operational footprint in South Florida and ability to execute a transaction of this size and complexity."
In addition to the acquisition, Life Care Services, An LCS company, will administer management for The Arlington, providing resources and support to ensure that it is an exceptional community delivering on the lifestyle promises made to its residents. LCS team members representing various departments and disciplines have been on site working with community staff to develop relationships and bring forth emphasized quality standards and best practices, as well as provide training and education on new systems being utilized.
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