The JLL Healthcare Capital Markets Group is pleased to present this exclusive listing to acquire an assisted living portfolio comprised of four newly-constructed communities located in central Illinois and western Montana (the “Properties” or “Portfolio”). The Properties are operated by an established, experienced Illinois-based developer, owner and operator of seniors housing.
The Offering provides investors with a distinctive opportunity to acquire the ownership interests in four beautiful seniors housing communities with 158 units at or nearing stabilization. The award-winning owner/operator has a sizable operating portfolio and boasts assisted living net operating income margins of over 40 percent.
Investment Highlights
- Four new construction communities with 158 units in central Illinois and western Montana
- Significantly advanced portfolio lease-up with 92 percent overall occupancy
- Best-in-class operator with a long history and award-winning service in the seniors housing marketplace
- Strong demographic markets with a large 55 and older population
- Operator experience working with public healthcare REIT in a RIDEA structure
Contact:
Alan Ursillo
Senior Vice President
+1 213 239 6329
alan.ursillo@am.jll.com
Curtis Fowlie
Vice President
+1 858 410 1218
curtis.fowlie@am.jll.com
Mindy Berman
Managing Director
+1 617 316 6539
mindy.berman@am.jll.com
Daniel Turley
Senior Vice President
+1 617 316 6521
daniel.turley@am.jll.com
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