Movers and Shakers: Mercy Housing Announces California President; IRA Capital Onboards New Leader

Movers & Shakers is brought to you by the Senior Housing News Job Board. Browse and apply to management and executive senior living jobs and positions from leading professional firms serving the industry. Employers can post single jobs, purchase job packages or our premium subscription that includes unlimited job posts and editorial coverage for one […]

Transactions and Financings: IRA Capital Acquires Seattle Community; Lument Closes on $9M Loan

Transactions IRA Capital acquires Seattle community IRA Capital, a California-based private equity firm, announced its acquisition of Quail Park of Lynnwood on June 12. According to a press release, the community is 253 units and was developed in two phases in 2013 and 2020. The release states the all-cash acquisition expands the firm’s healthcare portfolio […]

Transactions and Financings: IRA Capital Acquires 140-Unit Community; Ziegler Closes on $76.9M Bond Series for LPC 

Acquisitions IRA Capital acquires $41M, 140-unit community IRA Capital, a private equity firm, announced that on Dec. 21 it had acquired the 140-unit San Clemente Villas by the Sea. According to a press release, the acquisition cost $41 million, and IRA Capital plans to invest additional capital to “elevate the senior living experience” at the […]

IRA Capital Launches $500M Fund Targeting Senior Housing, Medical Properties

Private equity firm IRA Capital has formed a $500 million closed-end fund meant to target medical properties and senior housing assets across the country. The fund is meant to focus on acquisition, development and financing of “well-located healthcare assets in high barrier-to-entry and supply-constrained markets”according to an Aug. 12 press release. The release noted that […]

IRA Capital Pays $106M for California Communities, Allocates $1B for New Senior Living Strategy

IRA Capital is entering the senior living sector in a big way with the acquisition of two newly built communities in California, and plans to acquire $1 billion worth of senior housing units in the coming years. The Irvine, California-based private equity firm has acquired two 80-unit assisted living and memory care communities from Capital […]