Senior living investments

INVESTING IN A BETTER FUTURE

The experienced and dedicated team at LCS Real Estate, An LCS Company, has a track record of long-term relationships rooted in a higher level of customer service, accountability, and transparency. Our team develops clear financial strategies to show long-term, forward-thinking plans, and our investments are nurtured with a commitment to long-term stewardship and performance.

Our real estate professionals are solely focused on and possess a deep understanding of senior living. These employees have the knowledge needed to handle investments, debt placement, asset performance management, and more.

As an owner, operator, and developer of senior living communities, LCS Real Estate can 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.

Let our experience be your investment.

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
  • 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
  • Bank Iowa
  • Bankers Trust
  • BBVA Compass
  • BMO Harris Bank
  • BOKF (Bank of Texas)
  • CIT Bank
  • Dougherty Funding
  • Fifth Third Bank
  • First Midwest Bank
  • Freddie Mac
  • Kayne Anderson
  • M&T Bank
  • NHI
  • Pinnacle Bank
  • Raymond James
  • Synovus Bank
  • TCF National Bank
  • Wells Fargo Bank
Equity Partners
  • Artemis Real Estate Partners
  • Blue Moon Capital Partners, LLC
  • Bridge Seniors Housing Fund Manager LLC
  • Goldman Sachs
  • Harrison Street Real Estate Capital, LLC
  • Lakemore Partners Ltd
  • Nuveen Real Estate
  • Senior Care Development, LLC
  • Westminster Capital, LLC
Development Partners
  • Ryan Companies US, Inc.

 

Financial Intermediary Partners
  • Blueprint
  • CBRE
  • Cushman & Wakefield
  • JLL
  • Newmark Knight Frank

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.

Charles Murphy

As the executive vice president/senior managing director of development and real estate, Charles Murphy is responsible for the strategy and performance oversight of LCS Development and LCS Real Estate. Capitalizing on his experience in developing, acquiring and managing commercial real estate for more than 30 years, Chuck directs the investment strategy and builds strategic partnerships that enhance the services LCS provides. Applying his expertise of working with a range of property types including hospitality, residential, land development and health care within private equity, public and entrepreneurial platforms, Chuck leads his teams to create special three-dimensional experiences for senior living communities and the seniors they serve.

At LCS, Chuck is a member of the LCS Investment Committee. Outside the organization, he is a member of the Urban Land Institute, Wisconsin Real Estate Alumni Association and he serves as a board member of the James A. Graaskamp Center for Real Estate at The University of Wisconsin. Chuck earned his bachelor’s degree in economics and a master’s degree in real estate investment analysis from the University of Wisconsin-Madison.

Dan LaheyLeading the investments team, Dan Lahey is responsible for directing all new acquisitions, recapitalization efforts and development investments for LCS Real Estate. His progressive experience and in-depth knowledge allows LCS to serve more seniors and provides growth opportunities for the LCS Family of Companies. In his role as senior vice president/managing director – investments, Dan also provides strategic leadership to the debt placement and market research and analytics teams. By partnering with others in the LCS organization and the industry, he identifies and evaluates opportunities that benefit LCS and its investment partners.

Having joined LCS Real Estate in its early years, Dan’s institutional and industry knowledge allows him to be a key collaborator in many partner relationships. Under his leadership, the investments team has executed on transactions valued at more than $2 billion. In addition, LCS Real Estate has been successful in investing more than $100 million of LCS equity capital. Dan earned his Bachelor of Arts in accounting and finance from Wartburg College and chairs the LCS Investment Committee.

Capitalizing on the expertise gained in 20+ years of finance-focused roles in a variety of industries, Mike Andreasen serves as senior vice president – asset and performance management for LCS Real Estate. In his role, Mike directs the commitment to maximizing the value of LCS investments. Under his leadership, the team identifies opportunities for communities where LCS has an investment to optimize performance, and drive investment returns. These efforts not only enhance the experience of residents and employees, but also furthers the LCS mission to serve more seniors by increasing LCS Real Estate investment opportunities. In addition, Mike oversees Care Purchasing Services, working closely with the CPS team to bring vendor relationships and product solutions to LCS communities and CPS members.

At LCS, Mike has served as a mentor for the Women’s Leadership Committee, and he served as co-chair of the 2018 LCS Leadership Summit. Outside the organization, Mike is a member of the American Seniors Housing Association Rising Leaders Program and NIC. He holds a BA in political science and an MBA from the Tippie School of Business at The University of Iowa

Sarah DorrUtilizing her experience in mortgage loan/subordinate debt origination, portfolio loan sales and commercial real estate portfolio servicing, Sarah Dorr leads the strategic direction of the debt capitalization needs of the national platform of LCS Real Estate. In her role, she is responsible for the sourcing and management of the $1.5+ billion debt portfolio of LCS Real Estate and serves as the main relationship manager with all debt partners of LCS Real Estate and the LCS Family of Companies.

Under Sarah’s leadership, LCS is able to diversify its equity investment in the ownership of senior living communities through the strategic utilization of leverage, allowing LCS to bring its full suite of services to a greater number of residents across the country. With over15 years of experience in life insurance company commercial mortgage origination and servicing she provides additional knowledge and expertise that positively positions LCS Family of Companies and the communities it owns.

Sarah holds a BA in finance/real estate from the University of Northern Iowa and an MBA from The University of Iowa. She is a member of the LCS Foundation Board of Directors and outside the organization she serves as co-chair for the Community Build Committee of Bergman Academy.

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.

866-691-1970

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