LRT Company Completes $20.55 Million DST Offering for Senior Housing Project in Rhode Island
LRT Company has fully subscribed a $20.55 million all-cash DST offering for a senior housing development in Coventry, Rhode Island. The project involves a 50-year ground lease on 14 acres for a 157,000 square foot senior housing campus. The offering highlights strong investor interest in real estate investments with long-term demand and rent escalations.
Topics: ground lease investment offering land acquisition real estate senior housing