Draft:LCS (Senior Living)

LCS, Life Care Services, is an owner, manager and developer of retirement communities in the United States. It provides independent living, assisted living, memory and skilled nursing care. LCS was founded in 1971.

Company history
LCS was founded in 1971.

In 2005, LCS was a privately held company owned entirely by its employees.

In 2010, McCarthy Capital had an ownership stake.

In 2022, Redwood Capital Investments added an ownership stake in LCS.

Properties and services
LCS owns, manages, and operates campus-style retirement communities that provide independent living, assisted living, memory and skilled nursing care.

Awards and recognition
In 2022, the American Seniors Housing Association (ASHA) ranked LCS as 13th largest senior housing owner and 3rd largest senior housing operator in the ASHA 50, a listing of the largest owners and operators of senior housing communities in the United States.