Life Care Services Now Amavida’s Management Partner After Recent Sale
September 25, 2024
FORT MYERS, FL — Amavida, a recently sold, award-winning resort-style senior living community in this city near Florida’s west coast, has partnered with Life Care Services for management. According to a press release, the 32-acre campus features 28 cottages, 223 independent living apartments, 101 assisted living apartments, 35 memory care apartments, and an onsite wellness center.
Ranked as the #1 retirement community by the Fort Myers Community’s Choice Awards in 2023, Amavida’s campus includes a private entrance to the 279-acre Lakes Park. Additionally, Amavida features multiple pools, restaurants, bistros, lounges, and outdoor dining areas. Residents also have access to on-site courts for pickleball and tennis, an art studio, a library, and an onsite theater.
“Amavida is a vibrant community known for best-in-class services and amenities, and we look forward to serving its residents as the new management partner,” said Chris Bird, LCS’s president/COO. “Amavida is a perfect fit for Life Care Services — our rich experience and passion for seniors will further enhance residents’ lives and position Amavida as a premier community for generations to come.”
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Continuum Advisors served as the exclusive sale-side representation for Quadrum Global, a real estate investor and developer. The buyer, an unnamed national investor, purchased Amavida in partnership with Life Care Services.
LCS is a senior-living provider, with 132 communities that serve around 40,000 seniors in 31 states. The LCS family of companies serves the industry through management, development, real estate, group purchasing, and insurance.
Life Care Services, an LCS Company, operates more than 140 rental and continuing care retirement communities nationwide. It is the most awarded company in the history of the J.D. Power U.S. Senior Living Satisfaction Study, ranking No. 1 in Customer Satisfaction among Independent Senior Living Communities five years in a row and No. 1 in Customer Satisfaction among assisted living/memory care communities.
