Harrison Street Acquires Two Seniors Housing Properties in Southern Connecticut

Chicago-based investment firm Harrison Street just made a big move in Connecticut’s seniors housing scene. They’ve picked up two southern Connecticut communities totaling 216 units—the Residence at Selleck’s Woods in Darien and the Residence at Summer Street in Stamford.

LCB Senior Living will keep running both properties for Harrison Street. JLL represented the seller partnership of LCB Senior Living and Virtus Real Estate Capital in this transaction.

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This deal hints at Harrison Street’s growing presence in a Connecticut market that covers towns like Darien, Stamford, Norwalk, Greenwich, and more.

Harrison Street expands footprint in Connecticut’s seniors housing market

Harrison Street’s acquisition adds to its reach in Connecticut’s seniors housing landscape. Demand for independent living, assisted living, and memory care options remains strong across the state.

With these two communities now part of its portfolio, Harrison Street will rely on LCB Senior Living’s operating experience. They’re also eyeing growth in nearby markets like Fairfield County’s coastal towns and some inland cities.

The Residence at Selleck’s Woods — Darien

The Residence at Selleck’s Woods in Darien has 102 units with a mix of independent living, assisted living, and memory care. Built in 2019, LCB Senior Living developed the property and will continue to run it for Harrison Street.

Residents get a variety of amenities aimed at keeping life active and engaging. The suburban setting is pretty appealing to families along Connecticut’s Gold Coast.

Amenities at Selleck’s Woods include:

Private theater
Billiards room
Salon and library
Activity space
Restaurant-style dining rooms

The Residence at Summer Street — Stamford

The Residence at Summer Street in Stamford offers 104 units and, like Selleck’s Woods, provides independent living, assisted living, and memory care. LCB Senior Living also developed this property and will keep managing it for Harrison Street.

This Stamford community fits with Harrison Street’s plan to build its Connecticut portfolio. They’re focused on offering high-quality care and standout amenities.

Comparable amenities at Summer Street include:

Amenity packages tailored to resident lifestyle and care needs
Common dining spaces designed for social engagement
Wellness programming and dedicated memory care areas
On-site services to support independent living and care transitions

Developer ties, brokers and deal specifics

LCB Senior Living and Virtus Real Estate Capital teamed up as the seller partnership behind these properties. JLL’s team—Jay Wagner, Rick Swartz, Aaron Rosenzweig, and Jim Dooley—handled the sale and represented the seller throughout.

Harrison Street’s acquisition fits its strategy to grow in Connecticut while sticking with experienced operators like LCB Senior Living. They want to maintain solid on-site management and keep care consistent for residents.

Market impact and a Connecticut town-by-town view

With these two properties, Harrison Street’s Connecticut footprint now covers several key towns and cities. The surrounding market keeps seeing a steady flow of capital aimed at seniors housing.

Besides Darien and Stamford, the region includes Norwalk, Greenwich, Westport, Fairfield, New Canaan, Danbury, and Bridgeport. The transaction shows ongoing investor interest in Connecticut’s senior living sector, especially in the affluent Fairfield County corridor where demand for care options stays strong.

Local operators and future residents in places like Shelton, Waterbury, and Middletown might notice ripple effects as operators look for scale, capital, and better efficiency. It’s a dynamic scene, and honestly, it’ll be interesting to see how things play out.

What this means for residents, operators and the region

For residents, the deal keeps care consistent with an established operating partner. It also opens up more chances for folks to age in place, right in their own Connecticut neighborhoods.

Operators get a boost from Harrison Street’s capital infusion, which helps fund improvements and maybe even more personalized programming. This covers independent living, assisted living, and memory care—each with its own quirks and needs.

If your family’s looking at senior housing in Darien, Stamford, Norwalk, or Greenwich, you’ll probably see a wider, better-supported range of communities. These places put safety, social life, and person-centered care at the top of the list.

Connecticut’s senior housing market is still pretty competitive. Moves like this? They show investors and operators feel good about the state’s long-term outlook—both demographically and economically, even if the future’s never totally certain.

Here is the source article for this story: Harrison Street Acquires Two Seniors Housing Communities in Southern Connecticut

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