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Several communities managed by Life Care Services were announced first round of 2018 Choice Community Award Winners recognized by Holleran Consulting. The designation recognizes communities for their outstanding employee and resident engagement. “These communities boast strong cultures of employee and resident engagement where employees feel their workplaces honor them, and residents feel they are supported … Continued
As one of the three largest US providers of managed housing for seniors, Life Care Services must attract and retain a workforce of nearly 23,000 people to run its 140 retirement communities nationwide. It’s a huge and growing market. The number of US citizens age 65 and older will reach 78 million by the year 2033, at … Continued
DES MOINES, Iowa. July 13, 2018— LCS announced today the company acquired Arbor Glen, a Life Plan Community, formerly referred to as a Continuing Care Retirement Community (CCRC) located in Bridgewater, New Jersey. At time of closing, the community’s name changed from Arbor Glen to Laurel Circle. LCS Real Estate facilitated the transaction and Life … Continued
DES MOINES, Iowa. July 2, 2018— LCS, the nation’s third largest senior housing operator, today announced the closing of the organization’s $300 million equity senior housing programmatic joint venture. LCS Real Estate will serve as sponsor of the joint venture (JV) and will partner with a large institutional investor to execute on the investment platform. Life … Continued
Labor statistics and reports are projecting new senior living staffing needs as high as 1.5 million by 2025. Attracting and retaining quality caregivers is important to avoid a workforce crisis. Equally as important is the looming departure of CEOs and senior executives, and the impact it will have on our industry. Why should an organization … Continued
Meet Joel Nelson, president and CEO of longtime senior housing owner and operator LCS. Nelson took the helm of Des Moines, Iowa-based LCS in January 2018, following a long tenure under former CEO Ed Kenny, who now serves as chairman of LCS’s board of directors. Nelson, who began his career in hospital administration, has been … Continued
A major senior housing player is making good on its promise to grow its rental portfolio. Des Moines, Iowa-based LCS is one of the biggest senior housing operators in the country, as well as the largest third-party manager of continuing care retirement communities (CCRCs). In January, the company named a new CEO in Joel Nelson, who voiced … Continued
Innovative, urban senior living community will be first-to-market in South Florida DES MOINES, Iowa. May, 16, 2018 — LCS and Ocean Land Investments today announced that the companies have reached an agreement to provide development consulting, marketing, and management services for Riverwalk Residences of Las Olas, South Florida’s newest, urban high-rise senior living community. LCS Development … Continued
Casa de las Campanas, San Diego, CA The last 5 years have seen unprecedented changes in the field of senior living. That’s why it is critical to have an experienced team and strategies in place to handle increased industry complexities, changing demand for resources, and cost burdens for scalability. Are you and your senior living … Continued
Mary Ann Finley, a resident of Monticello West, participated on the panel “Operators and Investors…So, Who is Going to Take Care of All These Boomers?” during the NIC Spring Investment Forum held in Dallas. The panel discussed the important role caregivers play in delivering a great resident experience and the senior industry’s need to adequately … Continued
