Inland Real Estate Investment Corporation completed more than $149 million in capital raised for its private investment offering, National Senior Living Portfolio DST, a Delaware statutory trust sponsored by Inland Private Capital Corporation. The offering has been fully subscribed and is now closed.
The Parent Trust indirectly owns three Class-A senior living communities, providing a combined 635 total units located across Arizona, Missouri, and Tennessee. The communities are comprised of Clarendale of Chandler, a 232-unit community located at 5900 South Gilbert Road in Chandler, Arizona; Clarendale of St. Peters, a 214-unit community located at10 DuBray Drive in St. Peters, Missouri; and Clarendale at Indian Lake, a 189-unit community located at 195 Indian Lake Boulevard in Hendersonville, Tennessee.
All three communities feature newly developed, well-leased independent living, assisted living and memory care communities with modern amenities designed to provide carefree and active living. Each community is conveniently situated near vibrant, desirable cities with abundant retail options, healthcare providers and recreational areas.
The communities offer a variety of resident amenities and services, including full-service restaurants, bistros or cafés, theater rooms, state-of-the-art fitness centers, full-service salons, art studios, swimming pools, lounges and gathering areas, and pet-friendly amenities. The communities also provide residents with the opportunity to partake in wellness/educative programs, enriching health activities, and various therapy programs.
Inland Investments’ current senior living portfolio spans approximately $800 million in assets under management as of June 30, 2025. The portfolio is comprised of 15 communities in Arizona (2), Illinois (2), Kansas (1), Michigan (1), Minnesota (6), Missouri (2) and Tennessee (1), totaling 2,333 units.
