Chicago, IL, April. 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, announced it has acquired Springs at Sherwood, a Class-A, 160-unit senior housing community in Sherwood, Oregon, alongside long-standing operating partner The Springs Living (“TSL”).
Located 17 miles southwest of Portland, the full continuum campus offers independent living, assisted living and memory care services and is approximately 96% occupied. Amenities include a fitness room, beauty salon/services, library, movie theater, and outdoor seating. The community is considered to be a market leader in rents and amenities. The community benefits from limited new supply in a high-barrier market where the average age of competing properties is approximately 29 years.
The acquisition underscores HSAM’s longstanding partnership with TSL and the firms’ continued success in acquiring, managing, and developing senior housing communities. Together, HSAM and TSL have partnered on 18 assets totaling 2703 units and completed 11 realizations.
“This acquisition reflects our focus on high-quality assets, experienced operating partners and attractive markets supported by compelling demographics,” said Rob Korslin, Co-Head of North America Transactions at Harrison Street Asset Management. “Having acquired three properties alongside The Springs Living over the past six months and with a robust pipeline of opportunities ahead, we see significant potential to expand in markets where development is increasingly challenging.”
Harrison Street Asset Management consistently ranks among the top five largest U.S. senior housing owners and, since inception, has invested approximately $15.1 billion across 44,000 units and completed more than $4.8 billion in sales across 171 properties. HSAM’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 1,100+ 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:
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Dukas Linden Public Relations
646-722-6530
HSAM@dlpr.com
