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LSDC (Landstar Development Group Corp.)


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lsdcLandstar Development Group Corp. (LSDC) is a holding corporation specializing in the acquisition of raw land for the development of independent and assisted living communities and memory centers for those consumers age 65 and older.

Studies show that the senior population ages 65 and older, also known as the Baby Boomers, are growing at twice the national average and many are entering into retirement. There are currently over 73 million Baby Boomers in the United States, where each day 10,000 of them turn 65. As so, LSDC has developed and completed seven independent and assisted living communities with apartment homes, services, and activities for those Baby Boomers in the State of California known as the Desert Willows, Hacienda Heights, LTV Plaza, The Vineyard, Tuscan Hills, Willowcrest Condos, and Desert Hot Springs.

Furthermore, the company is currently developing a 161-acre Senior Community in California, known as The FootHill Project, which will consist of over 1,500 units and will have some of the best scenic views in the Coachella Valley. Also in progress is LSDC’s New Acquired 114-lot gated community that will provide additional security to the community members.

 

Symbol: LSDC  [ Current PPS: $0.09  Outstanding Shares: 111.5M  Float: 10.3M  – a/o April 12, 2015 ]

lsdc chart

Website(s): www.landstardevelopmentgroup.com

 

Market

  • The senior population ages 65 and older, also known as the Baby Boomers, are growing at twice the national average and many already entering retirement.
  • There are over 73 million Baby Boomers in the U.S where each day, 10,000 of them turn 65 and 75% intend on retiring over the next five years.
  • In 2014, the Senior Housing and Care Facilities nationally grew 20% and exceeded $17 billion.
  • The average income of a retiree today is about $250,000.
  • The average cost for a baby boomer to rent a single living space in the assisted living industry is approximately $3,000 per month.
  • The U.S. Census Bureau forecasts the senior population to account for approximately 20% of the U.S. population by 2030.
  • Research indicates the Retirement Community sector is expected to see an accelerated growth in the next 20 years with a growing need for dementia care.
  • The Senior Housing/Assisted Living industry are presently valued as a $300 billion annual market.
  • Current research suggest an estimated 600,000 people are currently residing in assisted living units throughout the U.S.

 

Recent News

  • During a Recent Interview on MoneyTV with Donald Baillargeon, the CEO of LSDC detailed the progress of the current Senior Housing Communities being built; detailing specifically that the company is preparing to acquire additional land at any given moment.

 

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