LifeCare Properties

What LifeCare Properties does

LifeCare Properties, LLC, operating under the brand LifeCare Development, is a privately held real estate development firm headquartered in Biloxi, Mississippi. Founded in 2018 and employing 1–10 people, the company identifies underserved U.S. markets with strong demand for senior housing and develops upscale senior living communities, with a product mix centered on assisted living and memory care. Its core competency, as represented in company materials, is market and site selection supported by disciplined underwriting, with no proprietary software or technology platform disclosed beyond standard development workflows.

The company's business model is project-based real estate development: LifeCare sources sites, oversees design and construction, and partners with third-party capital investors to fund each project, while delegating day-to-day community operations to a management partner — currently Blake Management Group. The sole named project in the data is The Blake at College Station in Texas, announced in October 2025 with construction scheduled to begin in 2026 and completion targeted for early 2028. Marketing and investor outreach are conducted primarily through the corporate website (lifecaredevelopment.com), with no publicly disclosed pricing, transaction history, or revenue figures.

Given the absence of completed projects in the data, headcount in the 1–10 range, and no disclosed funding rounds, LifeCare appears to be an early-stage developer scaling one project at a time. The firm's growth thesis is anchored to demographic tailwinds in the U.S. senior population and its ability to match underserved markets with capital partners seeking stable, long-term returns, rather than to any technology differentiation.

Name

LifeCare Properties

Legal name

LifeCare Development

Website

https://lifecarepropertiesllc.com

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Product category

Senior Living Real Estate Development

NAICS

Assisted Living Facilities for the Elderly (623312), Continuing Care Retirement Communities and Assisted Living Facilities for the Elderly (62331)

SIC

Services-Nursing & Personal Care Facilities (8050)

akta.pro primary industry

Senior Living Property Management (BPAJAGAI)

akta.pro secondary industries

Senior Living & Assisted Living Facility Construction (IMAFACAJ), Senior & Assisted Living Residential Property Management (BPAJAFAE)

Keywords

• Senior living development
• Assisted living communities
• Memory care facilities
• Senior housing investment
• Real estate development

Headquarters

HQ city

Biloxi

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales

Revenue model

1. Senior Living Community Development: Developing upscale senior living communities including assisted living and memory care facilities. Revenue generated through development and sale or long-term operation of these properties.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

LifeCare Properties develops upscale senior living communities, including assisted living and memory care facilities. The company handles end-to-end development from market analysis and site selection through construction, then partners with operators such as Blake Management Group to run the communities and works with capital partners to fund projects.

Product overview

LifeCare Properties operates as a senior living community developer, offering a single unified service focused on identifying underserved markets with strong demand for senior housing. The core offering is end-to-end development of senior living communities, from market analysis and site selection through construction to operational management partnerships. The company is developing The Blake at College Station as a specific project featuring assisted living and memory care apartments managed by Blake Management Group. The company partners with capital investors to deliver communities aligned with both market needs and long-term investment goals.

Differentiator

Problem solved

Functional benefit

Products and services

• The Blake at College Station A senior living community featuring assisted living and memory care apartments with modern amenities, developed by LifeCare Properties and managed by Blake Management Group. Aimed at serving the senior population in the College Station, Texas market.
• Senior Living Community Development End-to-end development of senior living communities, including market and site selection, design, construction oversight, and partnership with operators for managed living facilities. Serves capital partners and investors seeking senior housing development opportunities.

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Blake Management GroupcoreStrategic or Co-development Partner · 15 October 2025Blake Management Group will manage The Blake at College Station senior living community. This is a management partnership where Blake Management Group handles day-to-day operations of the senior living facilities developed by LifeCare Properties.

Scale indicators2 records

Recent moves4 records

Expansion highlights3 records

Direct peers

• Sunrise Senior Living: Operator and developer of upscale senior living communities in the US and internationally, with strong focus on assisted living and memory care. Directly comparable to LifeCare given similar upscale positioning and overlapping service mix.
• Sagora Senior Living: Family-owned senior living operator and developer with assisted living and memory care communities across multiple US states. Comparable to LifeCare as a developer-operator targeting the same resident demographic.
• Integral Senior Living: Senior living management company providing operations, consulting, and development services for assisted living and memory care communities across the US. Comparable to LifeCare as a developer-management partner structure serving the same customer base.
• Discovery Senior Living: Operator and developer of upscale senior living communities in the US with a portfolio spanning assisted living and memory care. Comparable to LifeCare as a peer developer-operator targeting similar upscale customer segments in select US markets.
• Cadence Senior Living: Developer and operator of senior living communities focused on assisted living and memory care across the US. Comparable to LifeCare given direct overlap in product type, customer segment, and developer-operator business model.
• Sonida Senior Living: Senior living operator and developer focused on assisted living and memory care across the US, with a portfolio of owned and managed communities. Comparable given similar focus on upscale assisted living/memory care and a developer-operator model.
• Blake Management Group: Senior living management company serving as LifeCare's core operating partner (managing The Blake at College Station). Highly comparable because they operate in the same upscale assisted living and memory care category and share an integrated developer-operator business model.

Broad incumbents

• Brookdale Senior Living: Largest US senior living operator with hundreds of communities spanning assisted living, memory care, and independent living. Comparable as a broad incumbent in the same product category serving a similar customer base, though at much greater scale than LifeCare.
• Life Care Services (LCS): One of the largest senior living operators and developers in the US, managing a nationwide portfolio of CCRCs, assisted living, and memory care communities. Comparable to LifeCare as a large-scale developer-operator focused on the same resident demographic and product mix.
• Atria Senior Living: Major US senior living operator with a large portfolio of upscale assisted living and memory care communities across multiple states. Comparable to LifeCare given shared upscale positioning and focus on assisted living and memory care for seniors.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

• Facebookfacebook.com/LifeCareProperties
• LinkedInlinkedin.com/company/lifecare-properties-llc

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about LifeCare Properties