Inland Real Estate Acquisitions (Inland Acquisitions) announced that it negotiated and closed the purchase of two senior living communities, Deer Park Village in Deer Park, Ill., and The Landings in Batavia, Ill. Mark Cosenza, senior vice president of Inland Acquisitions, with assistance from Brett Smith, vice president and senior counsel of The Inland Real Estate Group, law department, completed the transaction on behalf of an Inland affiliate.
The transaction also marks a historic milestone for Inland: surpassing more than $1 billion in senior living acquisitions, totaling more than 20 communities in its senior living portfolio.
“As early post-pandemic investors in the senior living sector, we are thrilled to have acquired more than $1 billion in institutional-quality assets with best-in-class operators over the past five years,” said Joseph Binder, CIO at The Inland Real Estate Group. “In addition to the large U.S. population cohort aging into demand for senio
