Inland Buys Colorado Luxury Senior Community
The property comprises independent living, assisted living and memory care units.
Inland Acquisitions has purchased Jackson Creek Senior Living, a 132-unit luxury senior community in Monument, Colo.
The property came online in 2017 at 16601 Jackson Creek Parkway. The three-story community features 27 independent living suites, 75 assisted living units and 30 memory care apartments. Floorplans have studio, one- and two-bedroom configurations, ranging from 335 to 936 square feet.
All units have kitchenettes, some of them also including closets and washers/dryers. Shared amenities feature a dining room, library, fitness center, movie theater, as well as 18 detached garages. Jackson Creek is currently under the management of Dial Senior Living.
The 7-acre property is 20 miles north of Colorado Springs, Colo. Several medical centers are within a 2-mile radius, including UCHealth Primary Care and CommonSpirit Urgent Care Tri-Lakes.
Inland Senior Vice President Mark Cosenza and Vice President Brett Smith oversaw the deal.
The western senior housing market saw another deal close this week: Eagle Partners acquired two age-restricted communities from MG Properties for $163 million. JP Morgan issued two Fannie Mae loans totaling $104 million for this transaction.
