Real estate investment firm Rockwood Capital and Doyenne Healthcare Capital have teamed up to invest up to $100m (€92.6m) of equity in senior housing communities across the US.

David Becker, co-managing partner at Rockwood Capital, said: “We view seniors housing as a complementary strategy for our existing ‘live-space’ investment programme. We believe that significant demographic tailwinds continue to support the sector.

“We also believe that the operational disruption caused by the pandemic coupled with the current capital markets dislocation creates a favourable investment environment for seniors housing.”

Manisha Bathija, co-founder and CIO for Doyenne Healthcare, said: “We are excited to launch our first strategic partnership with Rockwood, an established real estate investor with a long history of responsible investing.

“Our mutual belief in the growth potential of healthcare and seniors housing real estate will help deliver attractive returns to investors.”

Doyenne Healthcare is a women and minority-owned US real estate investment firm established in August last year.

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