Chicago, IL, Feb. 13, 2026 – Harrison Street Asset Management (“HSAM,” or the “Firm”), a leading alternative global investment management firm with over $108 billion in assets under management through highly differentiated assets across infrastructure, real estate and credit strategies, today announced the acquisition of The Residence at Summer Street and The Residence at Selleck’s Woods, two senior housing communities located in Fairfield County, Connecticut.
The communities comprise 216 units across independent living, assisted living, and memory care, and offer amenities including libraries, fitness centers, theaters, and salons. The Residence at Selleck’s Woods, in Darien, is a 104-unit community completed in 2019. The Residence at Summer Street is a 112-unit infill community completed in 2018, serving a resident base in an urban setting north of downtown Stamford. Both communities are located in affluent, high-barrier suburban markets, approximately 17 miles northeast of New York City, and benefit from strong demographics, limited new supply, and regional connectivity.
The acquisition expands HSAM’s long-standing partnership with LCB Senior Living (“LCB”), an established senior housing developer and operator with more than 15 years of sector experience, supporting 40 communities across the Northeast including 8 in Connecticut. LCB originally developed the projects and will continue as the operator.
“This acquisition reflects the core of our senior housing investment strategy, which focuses on high-quality assets, experienced operating partners, and exceptional markets where we believe demographics support long-term demand,” said Rob Korslin, Co-Head of North America Transactions at Harrison Street Asset Management. “We’re excited to continue growing our long-standing partnership with LCB Senior Living and expand our presence in attractive markets where new development is increasingly difficult, positioning the communities to help address the needs of an aging population while being protected from new competition.”
HSAM is a leading investor in the senior housing sector, consistently ranking among the top five largest owners in the United States. Since inception, the firm has invested approximately $15.1 billion across 44,000 senior housing units and has completed more than $4.8 billion in sales across 171 properties. The firm’s leadership in senior housing is built on nearly two decades of experience and longstanding partnerships with operators and developers nationwide.
About Harrison Street Asset Management
Harrison Street Asset Management is a leading global alternative investment management firm with over $108 billion in assets under management through highly differentiated assets across real estate, infrastructure, and credit strategies. Headquartered in Chicago, Toronto and London with over 600 employees in offices across North America, Europe, Asia and the Middle East, the firm offers innovative solutions across a variety of closed-end, open-end and specialized vehicles on behalf of 1,200+ institutional and over 300+ Registered Investment Advisors.1
1 HSAM data and descriptions of HSAM’s business are generally comprised of the aggregated data and business activities of investment advisors that are owned in whole or in part by HSAM. Assets under management (“AUM”) reflects the AUM for the investment advisory and asset management clients of such investment advisors and is inclusive of the regulatory AUM of such investment advisors that is reported in their respective Form ADVs.
HSAM Media Contacts:
Doug Allen/Ellie Johnson
Dukas Linden Public Relations
646-722-6530
HSAM@dlpr.com
