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 a variety of amenities, including a fitness center, indoor pool, community garden, creative arts studio, nature walking trails, and a woodworking shop..

Investment Type

Real Estate


United States

Investment Date

September 2018