SOURCE: Landstar Development Group Corp.

Landstar Development Group Corp.

June 01, 2015 16:42 ET

Landstar Development Group Endorses HUD on Pushing Forward on LGBT Seniors Housing Initiative

DESERT HOT SPRINGS, CA--(Marketwired - Jun 1, 2015) - Landstar Development Group (OTC PINK: LSDC) - There is a great demand for affordable senior housing in Southern California. HUD's initiative for pushing LGBT program will only benefit all parties with senior housing needs. LSDC has been focused on providing housing for seniors that is climate sensitive, cost effective and gender identity friendly. Landstar Development Group focuses on purchasing large parcels of land at a deep discount to market within city limits to allow the existing infrastructure to be used. High density approved parcels of land are very hard to find in city limits that have been approved for 200 - 400 units. Landstar Development Groups management has been successful in finding these properties at .10 - .20 cents on the dollar allowing the company to focus on building senior community style housing at a very affordable price.

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About Landstar Development Group Inc.

Landstar Development Group Corp., ("LSDC"), is a holding Corporation that develops independent living, assisted living and memory center communities. Landstar Development Groups management are specialists in acquiring raw land and having it entitled for the appropriate use and then build the proposed project. 

Forward-Looking Statement Any statements made in this press release which are not historical facts contain certain forward-looking statements; as such term is defined in the Private Security Litigation Reform Act of 1995, concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. The actual results of the specific items described in this release, and the company's operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company's dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company. The company disclaims any obligation to update information contained in any forward-looking statement. This press release shall not be deemed a general solicitation.

Contact Information

  • Contact Information:
    Landstar Development Group Inc.
    (760) 251-5555