FLORHAM PARK, N.J. — The LCS Family of Companies has broken ground on The Delaney at The Green, a seniors housing community in Florham Park, approximately 25 miles east of Manhattan.
The community will feature 128 independent living units, 58 assisted living units and 34 memory care units. Construction is scheduled for completion by March 2023.
LCS Real Estate structured the financing in collaboration with an institutional equity partner. LCS Development designed the community. When complete, Life Care Services, An LCS Company, will provide operational management of the community.
The Delaney at The Green is the sixth community in the portfolio which includes The Delaney at Georgetown Village, Georgetown, Texas; The Delaney at Lake Waco, Waco, Texas; The Delaney at Parkway Lakes, Richmond, Texas; The Delaney at South Shore, League City, Texas; and The Delaney of Bridgewater, Bridgewater, New Jersey which opened in March 2021.
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