Focus Healthcare Partners Closes $312M Private Equity Fund, Plans to Invest Total of $900M in Seniors Housing

CHICAGO — Focus Healthcare Partners LLC, a Chicago-based private real estate investment firm targeting the seniors housing sector, has closed its first discretionary investment fund, Focus Senior Housing Fund I LP.

The $312 million private equity fund will target seniors housing properties providing private-pay independent living, assisted living and memory care services throughout the United States. Combining the equity with institutional debt, the fund expects to invest approximately $900 million into seniors housing assets over the next several years.

Focus was formed in 2009 and has acquired senior housing assets nationwide in partnership with several institutional investors, totaling more than $400 million to date.

The closing of Focus Senior Housing Fund I LP represents the first comingled discretionary investment vehicle for the company. Investors in the fund include public pension plans, university endowment funds, public insurance companies and other institutional limited partners.

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