Inland Real Estate Acquisitions, LLC (“Inland Acquisitions”) announced today that it negotiated and closed the purchase of Jackson Creek Senior Living (“Jackson Creek”), a 132-unit senior living community in Monument, Colorado, approximately 20 miles north of Colorado Springs. Mark Cosenza, senior vice president of Inland Acquisitions, with assistance from Brett Smith, VP and associate counsel of The Inland Real Estate Group, LLC, Law Department, completed the transaction.
Constructed in 2017 within a master-planned development, and located at 16601 Jackson Creek Parkway, Jackson Creek is comprised of 27 independent living, 75 assisted living and 30 memory care units. The community also features a variety of social and lifestyle amenities including a collective dining room with chef-prepared meals, a bistro, library, fitness center, salon, movie theater, complimentary transportation, daily resident safety checks and 24-hour concierge service. Jackson Creek is conveniently located 1.5 miles from the Tri-Lakes Health Pavilion and nine miles from UCHealth Memorial Hospital in Colorado Springs.
“Jackson Creek Senior Living provides a continuum of care that allows residents to age in place and comfort while enjoying high-end amenities and an engaging lifestyle,” said Cosenza. “The property’s combination of high-quality resident amenities and care underscores the types of senior living properties we continue to seek for acquisition.”
Jackson Creek Senior Living has maintained an average occupancy of 96 percent over the last year.
Dial Senior Living will manage the Jackson Creek Senior Living community, further expanding its strategic relationship with Inland. Founded in 1999 and based in Omaha, Nebraska, Dial Senior Living is a fully integrated company that invests in, develops and manages senior living communities throughout the United States. The privately held firm offers a comprehensive range of senior living options including independent living, assisted living and memory care.
Since inception, Inland Acquisitions has facilitated more than $56 billion of purchases across all asset types, with a more recent focus on senior living, student housing, multifamily, self-storage and manufactured housing communities.
About Inland Real Estate Acquisitions, LLC
Inland Real Estate Acquisitions, LLC assists in identifying potential acquisition opportunities, negotiates acquisition-related contracts and acquires real estate assets for the various entities that are a part of The Inland Real Estate Group of Companies, Inc., one of the nation’s largest commercial real estate and finance groups, which is comprised of independent legal entities, some of which may be affiliates, share some common ownership or have been sponsored and managed by such entities or subsidiaries thereof (collectively, “Inland”). For additional information, please refer to Inland’s website at www.inlandgroup.com.
