Harrison Street Asset Management Completes $800M in Senior Housing Dispositions Across Nine Properties

Harrison Street has completed more than $800 million in senior housing dispositions across nine properties in six U.S. states over the past 30 days, the Chicago-based investment management firm announced April 15, 2026. The transactions, executed through multiple processes and buyers, bring the firm's total senior housing sales over the trailing 12 months to approximately $2 billion.

Transaction Details and Portfolio Scope

The nine properties involved in the recent dispositions are described as Class A, full-continuum senior living communities situated in high-barrier-to-entry markets. The communities offer amenities including fitness centers with wellness programming, salons and spas, pickleball courts, game rooms, and libraries. Specific property names, addresses, individual sale prices, unit counts, and cap rates were not disclosed.

Harrison Street Asset Management — known in the industry as HSAM — manages more than $108 billion in assets under management across real estate, infrastructure, and credit strategies. The firm ranks among the top five largest senior housing owners in the United States and has invested approximately $15.1 billion across 44,000 senior housing units since inception. In total, HSAM has completed more than $5.6 billion in sales across 180 senior housing properties.

Strategic Rationale: Portfolio Management and Capital Redeployment

The firm characterized the dispositions as part of a disciplined portfolio management strategy, citing the monetization of assets following periods of strong rate growth and operating performance. HSAM said the transactions demonstrate its ability to execute exits during favorable market conditions while redeploying capital into new development and investment opportunities.

"Senior housing continues to be one of the most compelling opportunities in alternative real estate, driven by strong demographic tailwinds and growing investor demand for high-quality communities," said Ben Mohns, Global Head of Asset Management – Real Estate at Harrison Street Asset Management. "We believe that these individual transactions demonstrate our ability to create liquidity and strategically position our portfolio to best take advantage of market trends."

Demographic Drivers and Investor Demand

HSAM attributed sustained investor appetite for senior housing to favorable demographic trends, including an aging American population. The firm noted that the transactions demonstrate deep liquidity for high-quality senior housing investments.

Firm Background and Market Position

Harrison Street Asset Management is headquartered in Chicago with additional offices in Toronto and London, and employs more than 600 professionals across North America, Europe, Asia, and the Middle East. The firm manages assets on behalf of more than 1,100 institutional clients and over 300 registered investment advisors through a range of closed-end, open-end, and specialized investment vehicles.

HSAM noted that its leadership position in senior housing is built on nearly two decades of experience and longstanding partnerships with operators and developers nationwide.

According to HSAM, assets under management figures are comprised of the aggregated data and business activities of investment advisors owned in whole or in part by HSAM, inclusive of regulatory AUM reported in their respective Form ADVs.

Sources

Harrison Street Asset Management – Official Press Release, April 15, 2026