LCS Executive Participates on Panel Discussion
Bridgewater says expense reporting critically important
Reporting on expenses related to COVID-19 was critical according to Diane Bridgewater, executive vice president and chief financial and administrative officer. Bridgewater noted that tracking the information provided greater insight into where dollars were being spent and identified communities in need of assistance.
Bridgewater shared her experience during a panel discussion at the Argentum Senior Living Executive Conference.
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Sagewood Receives Top Senior Housing News Architecture and Design Award for Independent Living CommunitiesPHOENIX, Arizona, January 4, 2022 —Senior Housing News (SHN) has named Sagewood as the first-place winner in the independent living category in its ninth annual SHN Architecture & Design Awards. The SHN award recognizes cutting-edge design, excellence, and innovation in senior living and celebrates unique projects and companies that are improving the lives of seniors through innovative design. … Read More about Sagewood Receives Top Senior Housing News Architecture and Design Award for Independent Living Communities
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DES MOINES, Iowa. January 3, 2022 — LCS, the nation’s second-largest senior living operator, announced today it has completed its planned recapitalization with Redwood Capital Investments (Redwood), McCarthy Capital and LCS employee shareholders. The transaction welcomes Redwood as a new capital partner and renews the ownership interest and commitment from McCarthy Capital and LCS employee shareholders. Financial terms of the transaction were not disclosed. … Read More about LCS Completes Planned Recapitalization
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