Creating More Value for Senior Care from Excess Acreage
National Lutheran Communities and Services has made sustainability part of its strategic plan for years, outlining its program to include renewable energy efforts, energy-efficient solutions and electric vehicle charging stations, waste reduction and recycling, and key partnerships to support its goals.
Richard Mazza, president of Coach Lane Advisors and former CFO of National Lutheran Communities and Services, discussed how The Village at Orchard Ridge had land that was not suitable for building more housing but could be used for another purpose.
“It's not unusual to have access acreage on your land that's not useful for additional housing or service development,” he said. “I would suggest that you look at land use in other ways, to generate power and save on electricity costs.”