Inland Real Estate Acquisitions announced that it negotiated and closed the purchase of two luxury senior living communities located in the Twin Cities metropolitan statistical area. The Inland Real Estate Group law department completed the transaction on behalf of an Inland affiliate.
Kingsley Shores Independent Senior Living (Kingsley Shores) in Lakeville, Minn., is a 156-unit community located at 16880 Klamath Trail. The property features three floors of 101 independent living, assisted living, assisted living plus and memory care units for its residents. The community also features a variety of social amenities including elegant fine dining, a library, a fully staffed wellness center, a warm-water pool, salon and spa, rooftop veranda, theater room, heated enclosed parking, scheduled transportation, on-site social activities and educational programs. Kingsley Place, an active adult community with 55 units, was also acquired as a part of Kingsley Shores.
Savage Senio