Lahden vanhusten asuntosäätiö sr

What Lahden vanhusten asuntosäätiö sr does

Lahden vanhusten asuntosäätiö sr (LVAS) is a non-profit foundation (säätiö sr) established in 1964 by the City of Lahti to provide affordable, accessible rental housing for elderly residents in the Lahti region of Finland. It operates approximately 1,329 apartments across 24 properties, supplemented by four service centers. Roughly one-quarter of the property portfolio is allocated to non-elderly special needs groups, including mental health service users operated by Mente and disability housing run by partner organizations. The foundation also runs four restaurant and café locations (Ravintola Wanha Herra, Lounasravintola Puntari, Lounaskahvila Onni, and Lounaskahvila Lepola), a home meal delivery service within a ~10km radius of Laaksokatu 17 executed with Lempi kodinhoito Oy, and event/banquet facilities.

The technology layer includes a resident digital portal for lease termination, maintenance requests, and communication; smart home features such as smart locks and elevator displays; and a digital service platform under co-development with Avain Yhtiöt and One4all for the new Ranta-Kartano multi-generational quarter. The foundation holds the Finnish Social Enterprise Mark (Yhteiskunnallinen yritys) from the Association for Finnish Work and Luotettava kumppani certification from Vastuugroup.

Revenue is generated through ARAVA-regulated monthly rents (627.73–906.72 €/month cited for 36–52 m² units at Sammonkatu 3 Puntari), subscription-style home meal delivery (15.55 €/meal Mon-Fri; 16.60 €/meal Sat; 14.35 €/meal cold), restaurant lunches priced 8.10–13.70 €, and event/banquet services. As a non-profit, all revenues are reinvested for the benefit of tenants and elderly Lahti residents. The foundation operates exclusively in the Lahti region (Päijät-Häme), with no geographic expansion outside this single market disclosed.

Name

Lahden vanhusten asuntosäätiö sr

Legal name

Lahden vanhusten asuntosäätiö sr

Website

https://lvas.fi

Company type

Private

Founded year

1964

Operating status

Operating

Headcount range

1–10 employees

Short description

Non-profit foundation established by the City of Lahti in 1964, providing accessible rental housing for elderly and special-needs residents across 1,329 apartments and 24 properties in Lahti, Finland, supplemented by four on-site restaurants, cafés, and home meal delivery.

Ownership category

akta.pro rank

Product category

Senior Housing Services

NAICS

Assisted Living Facilities for the Elderly (623312)

SIC

Real Estate Operators (No Developers) & Lessors (6510)

akta.pro primary industry

Market-Rate Independent Living (Private Pay) Communities (HLADAAAA)

Keywords

• Senior housing services
• Affordable elderly housing
• Non-profit housing foundation
• Meal delivery services
• Accessible apartment rentals

Headquarters

HQ city

Lahti

HQ country

Finland

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Supply Chain, Others

Revenue model

1. Senior Housing Rent: Rental income from approximately 1,329 apartments across 24 properties. Rent includes access to communal areas, tenant guidance services, and community activities. Residents can also receive home care or community-based living support.
2. Meal Services: Hot lunch delivery service to homes (Mon-Sat), plus on-site restaurant dining at four locations (Wanha Herra, Puntari, Onni, Lepola). Delivery radius ~10km from Laaksokatu 17.
3. Event and Meeting Services: Restaurant Wanha Herra offers banquet facilities, meeting rooms, and event hosting services including birthday parties, memorial services, and corporate events with catering.

Pricing tiers

Distribution channels1 record

Marketing channels6 records

Core offering

Lahden vanhusten asuntosäätiö sr rents approximately 1,329 accessible, barrier-free apartments across 24 properties in Lahti to elderly residents, with rents including access to communal areas, tenant guidance, and community activities. The foundation supplements housing with four in-house restaurants (Ravintola Wanha Herra, Lounasravintola Puntari, Lounaskahvila Onni, Lounaskahvila Lepola) and a home meal delivery service (Ateriapalvelu) covering roughly a 10 km radius around Laaksokatu 17.

Product overview

Lahden vanhusten asuntosäätiö sr operates as a non-profit foundation providing senior housing and related services in Lahti, Finland. The organization offers a portfolio of accessible rental apartments across 24 properties with approximately 1,329 units, complemented by four restaurant and café locations (Ravintola Wanha Herra, Lounasravintola Puntari, Lounaskahvila Onni, and Lounaskahvila Lepola) serving meals to both residents and the public. An ateriapalvelu (meal delivery service) extends restaurant offerings to homebound customers. The organization was founded in 1964 and operates as a social enterprise.

Differentiator

Problem solved

Functional benefit

Brands

• Ravintola Wanha Herra: A traditional lunch restaurant located at Laaksokatu 17, offering lunches, café service, banquet facilities, and meeting rooms. Also provides meal delivery service.
• Lounasravintola Puntari
• Lounaskahvila Onni
• Lounaskahvila Lepola
• Ateriapalvelu

Products and services

• Senior Housing (Asunnot) Accessible, barrier-free rental apartments for elderly residents across 24 properties in Lahti, including Sammonkatu 3 Puntari (36–52 m² apartments, 627.73–906.72 €/month). Residents may also receive home care or community-based living support on-site; round-the-clock service housing is referred to Päijät-Hämeen Hyvinvointialue.
• Ravintola Wanha Herra
• Lounasravintola Puntari
• Lounaskahvila Onni
• Lounaskahvila Lepola
• Ateriapalvelu (Home Meal Delivery Service)

Quantifiable outcome

• 1,329 apartments serving elderly and special needs residents
• +2 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature2 records

Partnerships

Eleven partnerships are on record, tiered core and minor.

• VTKL (Vanhustyön keskusliitto)coreStrategic or Co-development PartnerNational association for welfare of older adults. LVAS is a member organization with access to best practices, research, and advocacy support.
• Valli (Vanhus- ja lähimmäispalvelun liitto)coreStrategic or Co-development PartnerUnion for senior services providing professional development, standards, and network for organizations serving elderly.
• EFL (European Federation for Living)minorStrategic or Co-development PartnerEuropean network for social housing providers. LVAS participates in international knowledge sharing and best practice exchange.
• Päijät-Hämeen HyvinvointialuecoreStrategic or Co-development PartnerRegional wellbeing services county operating service units at LVAS properties including home care, intensive service housing, and community living services.
• Mente (Päijät-Hämeen sosiaalipsykiatrinen säätiö sr)coreStrategic or Co-development PartnerSocial psychiatry foundation operating units in LVAS properties at Lepolankatu 10 and other locations for mental health services.
• Yrjö ja Hanna KoditminorStrategic or Co-development PartnerHousing provider operating service units in LVAS property at Lepolankatu 14 E for special needs residents.
• Jyränkölän Setlementti ryminorStrategic or Co-development PartnerSettlement movement organization providing community services and activities at LVAS properties including Sammonkatu 3.
• Lahden Lähimmäispalvelu ryminorStrategic or Co-development PartnerLocal service organization providing home care and support services at LVAS properties including Laaksokatu 15.
• SivinaminorStrategic or Co-development PartnerService provider operating at LVAS property at Lepolankatu 14 D for cleaning and support services.
• Lempi kodinhoito OycoreImplementation/ SI/ Consulting PartnerHome care service provider responsible for meal delivery logistics from Wanha Herra restaurant to customer homes within ~10km radius.
• Avain YhtiötminorStrategic or Co-development PartnerHousing company partner in the Ranta-Kartano multi-generational quarter development project.

Scale indicators7 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Folkhälsan: Swedish-speaking Finnish welfare organization providing housing and care services for the elderly. Mission-comparable non-profit providing integrated housing and senior services, an alternative model to LVAS's foundation structure.
• Avain Yhtiöt: Finnish non-profit affordable housing provider partnering with LVAS on the Ranta-Kartano multi-generational quarter. Comparable in mission (social housing, non-profit), tenant profile and ARAVA-style regulatory framework.
• Yrjö ja Hanna Kodit: Finnish non-profit senior housing foundation operating service housing units in LVAS properties (e.g. Lepolankatu 14 E). Same fundamental mission of providing supported, affordable housing for elderly residents in Finland.

Broad incumbents

• Humana: Nordic personal care and elderly services group operating across multiple Nordic countries. Comparable as a broader senior care and housing incumbent serving the same demographic LVAS targets in Finland.
• SATO: Finnish rental housing provider owning ~30,000 apartments nationwide. Comparable through ownership and operation of large-scale rental housing stock in Finland, though primarily market-rate rather than subsidized senior housing.
• Mehiläinen: One of Finland's largest private healthcare and social services providers, including elderly housing and home care. Comparable through its senior living and home care service mix that competes for the same Päijät-Häme demographic.
• Kojamo: Finland's largest private residential rental housing company (formerly VVO). Overlaps with LVAS in owning and operating large residential portfolios, though focused on market-rate apartments rather than senior-specific housing.
• Esperi Care: Major Finnish operator of elderly care homes and housing services, offering residential care, supported housing and home care that overlap with LVAS's independent and community-living offerings for seniors.
• Attendo: Nordic-listed operator providing elderly care and supported housing services across Finland. Overlap with LVAS on assisted/supported senior living but operates as a broad, for-profit incumbent across many care categories.

Others

• Mente (Päijät-Hämeen sosiaalipsykiatrinen säätiö sr): Regional social psychiatry foundation operating units inside LVAS properties. Relevant as an embedded non-profit partner delivering special-needs services in shared housing infrastructure.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/Lahden-vanhusten-asuntos%C3%A4%C3%A4ti%C3%B6-sr-433254096832097
• LinkedInlinkedin.com/company/lahden-vanhusten-asuntos%C3%A4%C3%A4ti%C3%B6-sr

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 records

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 Lahden vanhusten asuntosäätiö sr