Senior Living VII

This real estate investment was acquired in September 2018 and consists of 1,100 senior living properties in Chicago, Illinois.

About Investment

In September 2018, Arcapita acquired a portfolio of senior living properties in Chicago, Illinois. The Chicago portfolio consists of two premium continuing care retirement communities with 1,100 units. The properties are operated by Senior Care Development and managed by Life Care Services, the second-largest senior housing manager in the US. The communities are located within master-planned commercial areas and enjoy various amenities, including a fitness center, indoor pool, community garden, creative arts studio, nature walking trails, and a woodworking shop.

Sector: Real Estate, Rental Housing
Region: North America
Investment Date: 2018

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