Arcapita US Senior Living Yielding IV

Sunrise Senior Living

In July 2005, Arcapita formed a series of joint ventures with Sunrise Senior Living, Inc. that acquired a portfolio of 16 assisted living properties comprising approximately 4,000 residential units across 11 different states in the United States. Headquartered in McLean, Virginia, Sunrise is recognized as having pioneered assisted living healthcare and has revolutionized the long-term care option for seniors by emphasizing quality of life and quality of care. The project was sold to NorthSar Health Income Trust in 2015.

Investment Type

Real Estate

Region

United States

Exit Date

2015