LCB Senior Living, LLC is comprised of senior housing developers and managers with more than 40 years’ experience between them. The executive team previously founded and managed Newton Senior Living, LLC (NSL), which developed nine facilities in New England, acquired an additional 12 properties and managed 6 properties for third party owners, located in 8 states throughout the Eastern Seaboard.
Together, these properties comprised approximately 2,700 units of both standard assisted living and Alzheimer’s programming. NSL was the 16th-largest assisted living company in the nation—with more than 1,600 associates—when it was sold in 2005.
The team has extensive turnaround experience for troubled or under-performing properties, and over the years has taken over management of several locations that were quickly converted to successful and profitable facilities.