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
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 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 […]
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