Insight:
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Podcast Highlights How LCS Used Technology to Manage through the Pandemic
Oct 19, 2021
The COVID-19 pandemic has led to a wider adoption of technology in the senior living industry. While that could lead to new disruption from tech giants like Google or Amazon.
The COVID-19 pandemic has led to a wider adoption of technology in the senior living industry. While that could lead to new disruption from tech giants like Google or Amazon. LCS Senior Vice President and Chief Information Officer Frank Vedder believes it could bring new opportunities to the industry too.
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Designing For Success
What’s the secret to an innovative, market-forward yet functional aesthetic in your senior living community? Exceptional licensed architects. … Read More about Designing For Success- LCS Development
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Sagewood Receives Top Senior Housing News Architecture and Design Award for Independent Living Communities
PHOENIX, 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- LCS Development
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LCS Completes Planned Recapitalization
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- LCS
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LCS Development Begins Expansion at Plantation Village in North Carolina
Plantation Village, the first and only life plan community in Wilmington, North Carolina, has partnered with LCS Development to start construction on a phased expansion project to add more residences and amenities for its residents. LCS Development will oversee the development, design, and construction of the multi-million dollar expansion. Herbert J. Sims & Co. guided the financing of the project. Construction is set to be complete by May 2023. … Read More about LCS Development Begins Expansion at Plantation Village in North Carolina- LCS Development
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