Chicago-based private real estate investment management firm Harrison Street and vertically integrated senior housing operator Anthology Senior Living are joining forces to develop three communities in Florida and Massachusetts, Senior Housing News reports.
The new JV encompasses an 86-unit community in Natick and a 105-unit community in Millis, Massachusetts; and a 130-unit community in Boynton Beach, Florida. The three communities are planned to offer assisted living and memory care services, and are located in “strong markets backed by growing aging and affluent populations yet demonstrate high barriers to entry,” the companies said. Read more.