Town Lane Partners and Kelly Sheehy announced the launch of a new senior housing platform, Arcole, to pursue value-added and opportunistic senior housing opportunities across the United States. This platform represents a continuation of Town Lane’s strategy within senior housing with a focus on high-quality, well-located assets in a sector benefiting from powerful demographic tailwinds. To date, Town Lane has closed or is under contract on six senior housing properties that total nearly $300 million in gross asset value through four separate transactions out of its inaugural $1.25 billion fund.
“I’ve known Kelly for 25 years, and his deep understanding of the senior housing and healthcare sectors will enable us to maximize current and future opportunities in an area where we see favorable supply/demand dynamics,” said Tyler Henritze, founder and managing partner at Town Lane. “This partnership embodies the way Town Lane was designed to invest. We are forming aligned
