These communities are in strong markets and have solid reputations.
Des Moines, Iowa (PRWEB) July 02, 2014
LCS announced today that the company added six communities to its portfolio through a 15-year master Triple Net Lease with Newcastle Investment Corp. on June 30, 2014. The communities have a combined 1,265 beds.
“These communities are in strong markets and have solid reputations,” Joel Nelson, executive vice president and chief development officer of LCS says. “We feel they are a great addition to our portfolio and look forward to working with them.”
Based in Des Moines, Iowa, and established in 1971, LCS is a leading provider of high-quality senior lifestyle products and services. The LCS Family of Companies focus on development, operations management, marketing and sales management, and strategic planning for continuing care retirement communities (CCRCs), stand-alone assisted living, memory care, and rental communities nationwide. The company also provides in-home care, insurance, and national purchasing consulting services. The companies of LCS serve thousands of seniors across the nation. For more information visit LCSnet.com.