Inland Private Capital Corporation (IPC), headquartered in Oak Brook, Illinois, has successfully raised over $46 million for the Algonquin Senior Living DST private investment offering. This Delaware statutory trust is sponsored by IPC and owns a Class A senior living community with 186 units in Algonquin, Illinois. The community offers independent living, assisted living and memory care units. The offering has been fully subscribed by investors and is now closed.
According to Nati Kiferbaum, senior vice president – head of investment product strategy at IPC: “The aging U.S. population is one of the main drivers behind the increasing demand for senior living communities and services.” Currently, IPC’s portfolio includes nine communities across Arizona, Illinois Kansas Minnesota and Missouri totaling 1
