Harrison Street Buys Connecticut Senior Housing Collection
JLL Capital Markets oversaw the deal.
Harrison Street Asset Management has purchased two senior housing communities in Connecticut—The Residence at Selleck’s Woods in Darien and The Residence at Summer Street in Stamford.
JLL Capital Markets brokered the deal on behalf of the seller, Virtus Real Estate Capital and LCB Senior Living. Both properties will remain under LCB’s management.
The two communities are roughly 6 miles apart, both having access to Interstate 95. Westchester County Airport is approximately within 16 miles.
Located at 1 Parklands Drive, The Residence at Selleck’s Woods comprises a two-story, 102-unit community situated on some 4 acres. Meanwhile, The Residence at Summer Street is at 14 2nd St. and includes 104 units in a five-story building.
The unit mix at both properties features studio, one- and two-bedroom floorplans, as well as memory care units. Common-area amenities encompass bistros, fitness areas, library rooms, patios, barber and beauty salons and covered parking. The Residence at Summer Street is also pet-friendly.
A team led by JLL’s Senior Managing Directors Jay Wagner, Rick Swartz and Aaron Rosenzweig and Senior Director Jim Dooley arranged the transaction on behalf of the seller.
Senior living trends seem to keep up momentum of 2025’s notable transactions. Last summer, Harrison Street and partner B2K Development sold a five-asset New York portfolio for more than $600 million to Ventas Inc.
