Harrison Street Asset Management (HSAM) has acquired acquisition of The Residence at Summer Street and The Residence at Selleck’s Woods, two senior housing communities located in Fairfield County, Conn.
The communities comprise 216 units across independent living, assisted living and memory care, and offer amenities including libraries, fitness centers, theaters, and salons. The Residence at Selleck’s Woods, in Darien, is a 104-unit community completed in 2019. The Residence at Summer Street is a 112-unit infill community completed in 2018, serving a resident base in an urban setting north of downtown Stamford. Both communities are located in affluent, high-barrier suburban markets, 17 miles northeast of New York City, and benefit from strong demographics, limited new supply, and regional connectivity.
The acquisition expands HSAM’s long-standing partnership with LCB Senior Living, an established senior housing developer and operator with more than 15 years of se
