Inland Investments Completes $149M Senior Living DST Spanning Three States
Real estate investment manager Inland Real Estate Investment Corporation, or Inland Investments, announced the full subscription of National Senior Living Portfolio DST, a $149 million Delaware statutory trust sponsored by Inland Private Capital Corporation.
The now-closed DST offering indirectly owns three Class A senior living communities, providing a combined 635 total units located across Arizona, Missouri, and Tennessee. The communities are comprised of Clarendale of Chandler, a 232-unit community located at 5900 South Gilbert Road in Chandler, Ariz; Clarendale of St. Peters, a 214-unit community located at 10 DuBray Drive in St. Peters, Mo.; and Clarendale at Indian Lake, a 189-unit community located at 195 Indian Lake Boulevard in Hendersonville, Tenn.
“Demographic shifts and the post-pandemic economy continue to define the senior living sector’s investment landscape throughout this decade,” said Nati Kiferbaum, chief strategy officer of Inland Investments. “The aging U.S. population, significantly limited new supply of communities and increasing life expectancy are all at the forefront driving senior living demand and are expected to propel the sector’s performance in 2026 and beyond.”
All three communities feature newly developed independent living, assisted living, and memory care communities with modern amenities designed to provide carefree and active living. Each community is also situated near cities with abundant retail options, healthcare providers, and recreational areas.
The communities offer a variety of resident amenities and services, including restaurants, theater rooms, fitness centers, salons, art studios, swimming pools, gathering areas, and pet-friendly amenities. The communities also provide residents with various wellness/education programs and activities.
“We anticipate organic demand driven by the aging population with an increasing life expectancy will continue to propel performance in the senior living sector for years to come,” said Ella Neyland, interim chief executive officer of Inland Investments. “We are pleased to provide our investor base access to an asset type that complements the diverse menu of alternatives Inland Investments has consistently brought to market.”
Inland Investments’ current senior living portfolio spans approximately $800 million in assets under management as of June 30, 2025. The portfolio is comprised of 15 communities in Arizona (2), Illinois (2), Kansas (1), Michigan (1), Minnesota (6), Missouri (2) and Tennessee (1), totaling 2,333 units.
Over the summer, Inland Investments completed a capital raise exceeding $56 million for its private investment offering Minneapolis MSA Senior Living Portfolio II DST, a Delaware statuary trust offering launched in October 2024 and owning two Class A senior living communities: Kingsley Shores & Place Senior Community in Lakeville and Savage Senior Living at Fen Pointe in Savage, providing 278 total units located in the Minneapolis area.
Headquartered in Oak Brook, Ill., Inland Investments, is a real estate investment manager and a member company of The Inland Real Estate Group of Companies Inc., one of the nation’s largest commercial real estate and finance groups. Inland Investments specializes in offering public and private tax-advantaged, growth and income real estate solutions spanning virtually every sector of the commercial real estate market. Since inception, Inland has engaged in real estate, including property management, leasing, marketing, acquisition, real estate brokerage, development, redevelopment, construction, real estate financing and other related services. Inland member companies have facilitated more than $56 billion in acquisitions since inception and currently manage a diverse real estate portfolio of approximately $17 billion across 43 states.
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