LOVELAND, Colo. — IRA Capital has acquired Capstone at Centerra, a seniors housing community located in Loveland, for $40 million.
The community is situated within the 3,000-acre Centerra master-planned development, roughly 50 miles north of Denver.
Developed in 2023 by Hunt Midwest, the property totals 102 units, with 56 assisted living apartments and 46 memory care residences. The community was 95 percent occupied at the time of acquisition.
The property features proximity to healthcare facilities including UCHealth Medical Center of the Rockies and Banner McKee Medical Center, which are roughly one and three miles away, respectively.
IRA completed the purchase in partnership with an institutional joint-venture partner. IRA’s seniors housing portfolio currently comprises approximately 900 units and is valued at $400 million.