OAK BROOK, Ill. — Inland Private Capital Corp. (IPC), an Oak Brook-based alternative investment management firm, has launched a new investment platform focused on acquiring, owning and managing senior living communities in the United States.
For the new venture, Inland is forming a strategic relationship with the Spectrum Retirement Communities an owner, operator and developer based in Denver. Spectrum has an established national management footprint with more than 45 communities under management and an additional five communities currently under construction.
Phil Shapiro Senior Living LLC helped initiate and cultivate the relationship between IPC and Spectrum, and serves as IPC’s senior living advisor.
“When looking at the historic investment performance for this asset class — its recession-resiliency, growing demand drivers — in addition to the current supply and demand imbalance that exists, we believe the senior living sector is well positioned to offer our marketplace a product that intersects healthcare and real estate, each nearly 20 percent of U.S. GDP and growing,” says Nati Kiferbaum, senior vice president, head of investment product strategy of IPC.