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Highlights
Inland Group acquired two suburban Illinois senior living properties from Harrison Street for a total of $160.5 million, continuing the firm's expansion of its elder care portfolio.
Harrison Street continues to recycle capital from its senior housing portfolio — having completed $800 million in dispositions in April — while simultaneously redeploying funds into what it considers its “highest-conviction” investment sector.
Industry experts project continued growth in the senior living market, driven by favorable supply-demand dynamics and an aging baby boomer population, with occupancy rates expected to hit 20-year highs this year.