Senior living investments

Let’s invest in a better future together.

LCS Real Estate™, An LCS Company, is a full-service real estate private equity enterprise working with the LCS Family of Companies to create a synergistic platform unique in senior living. Our real estate ownership includes Life Plan Communities (formerly known as Continuing Care Retirement Communities or CCRCs), and Rental (Independent Living, Assisted Living and Memory Care). Each of our investments is nurtured with a commitment to long-term stewardship.

As an owner, operator and developer of senior living communities, LCS has the ability to invest equity with key partners in strategic assets and locations. We also act independently in the marketplace actively pursuing transactions. Our wealth of experience and connectivity to capital relationships allow us to connect investor partners with opportunities and source deal flow.

Success and services built on partnership.

What makes LCS Real Estate different from other senior living operators is that we provide a full complement of capital market and real estate services:

  • Investments
  • Debt Placement
  • Asset and Performance Management
  • Development
  • Market Research

Plus, we have a proven track record of performance and excellence, with personal and attentive customer service that is both transparent and accountable. Over the years, we’ve been proud to have built long-term relationships with these companies:

Debt Partners
  • Bank of America
  • Bankers Trust
  • BB&T
  • BBVA Compass
  • BMO Harris
  • BOKF (Bank of Texas)
  • Dougherty Funding
  • First Midwest Bank
  • Freddie Mac
  • Kayne Anderson
  • Lake Forest Bank & Trust
  • M&T Bank
  • NHI
  • Pinnacle Bank
  • PNC Bank
  • Raymond James
  • Synovus Bank
  • TCF National Bank
  • Tuxedo Capital
  • Wells Fargo Bank
Equity Partners
  • Artemis Real Estate Partners
  • Aspect Investment Partners Ltd.
  • Blue Moon Capital Partners, LLC
  • Bridge Seniors Housing Fund Manager LLC
  • Fundamental Advisors
  • Goldman Sachs
  • Harrison Street Real Estate Capital, LLC
  • Senior Care Development, LLC
  • Westminster Capital, LLC

 

Development Partners
  • Ryan Companies US, Inc.
  • Titan Development, Ltd.

 

Financial Intermediary Partners
  • Blueprint
  • CBRE
  • Cushman & Wakefield
  • JLL
  • HFF

Proven leadership.

Our collaborative, thought-provoking and innovative culture is fostered by our leadership team and is rooted in years of experience and know-how. We’ll use our unique understanding of every aspect of a senior living community — from financing to development to management — to help you succeed.

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Hear how LCS recommends senior living communities position themselves to be attractive to investors.

David Laffey is the executive vice president/senior managing director of LCS Real Estate. He joined LCS in 2009 as vice president/director of property finance. He is responsible for the organization’s overall business performance related to equity investments, debt placement, asset management, development and market research. In addition to serving on the board of managers, David holds positions on the company’s executive leadership committee, management committee, and investment committee. Prior to joining LCS, David spent 11 years with Ziegler, most recently as the managing director at Ziegler Capital Markets. He earned his Bachelor of Science in finance from Villanova University and is a frequent presenter at national conferences.

Dan LaheyDan Lahey is the vice president/managing director of investments for LCS Real Estate. In this role, Dan leads LCS strategic investment activities, including acquisitions, joint ventures, mergers and leases. He also serves as chair of the LCS Investment Committee. Prior to joining LCS in 2008, Dan spent 9 years providing audit and tax services for Denman and Company LLP in West Des Moines, Iowa. He holds a Bachelor of Arts in accounting and finance from Wartburg College, and received his CPA certification in 1999.

Sarah DorrSarah Dorr is the vice president/director of debt placement for LCS Real Estate. In this role, Sarah oversees the financing needs of the LCS real estate portfolio utilizing proactive asset analysis strategies. Prior to joining LCS in 2015, Sarah worked in the commercial mortgage lending industry for over 15 years. Most notably working with Aegon USA Realty Advisors for 14 years as an originator of commercial mortgage loans in the Southeast, as well as an originator of subordinate debt nationwide. Sarah earned her Bachelor of Arts degree in finance with an emphasis in real estate from The University of Northern Iowa, and her MBA from The University of Iowa.

Mike Andreasen is the senior vice president/director – asset and performance management of LCS. In this role, Mike spearheads the corporate initiative to drive the equity value of LCS. This value creation is from both the fee-for-service business lines, as well as maximizing the LCS Real Estate platform.  Prior to joining LCS in 2013, Mike had more than 14 years of financial planning and analysis experience with large, publicly traded companies including Sprint and John Deere. Throughout his career, Mike has worked in a variety of fields including senior living, telecommunications, renewable energy, agriculture and finance. Mike earned his Bachelor of Arts degree in political and his MBA from The University of Iowa.

LCS Real Estate — an integral part of the LCS Family of Companies.

As a vital member of the LCS Family of Companies, LCS Real Estate draws upon 40-plus years of experience from our team members at Life Care Services® and LCS Development®. This means that our senior living investment partners can access a well-informed perspective from two of the most respected companies in senior living, by just taking a short walk down the hall.

Select a link to learn more:

Life Care Services – We offer an array of senior living management experts to help improve financial performance and re-energize marketing and sales.

LCS Development – We know the ins and outs of developing senior living from the ground up. We can also help with master planning and redevelopment.

To contact us, fill out the form.

Corporate Compliance Hotline

866-691-1970

Do you have a compliance concern? The Compliance Hotline allows you to voice a concern confidentially and anonymously, if you prefer. The hotline is available 24 hours a day, 7 days a week.

Purpose

The purpose of the Hotline is to provide an alternative method of reporting suspected LCS compliance violations of any federal or state laws or LCS policies and procedures. The Hotline is a dedicated line and the Corporate Compliance Officer will not attempt to trace the call or figure out who the caller was.

Tell Us About

This list does not include all of the possible violations that should be reported to the Corporate Compliance Officer, but provides examples of the different types of things that the Corporate Compliance Officer would like to hear about. Tell us about any concerns regarding improper or unethical activity such as violation of professional standards of practice or business ethics, breach of patient privacy or confidentiality, information system security breaches, inaccurate billing, or conflicts of interest.