Inland: NJ Senior Living DST
Available
Overview
The Trust owns a senior housing community located at 901 Frontier Road, Bridgewater, New Jersey known as The Delaney of Bridgewater. Across approximately 39 acres, the Property provides a total of 224 units/228 beds, consisting of independent living, assisted living, and memory care units.
Key Investment Features
Structure
Delaware Statutory Trust (DST)
Investment Sponsor
Inland
Property Type(s)
Senior Living
Location(s)
NJ
Occupancy
92.11%
721 Exchange / UPREIT
Optional
Minimum Investment
$100,000
Investment Strategy
Buy and Hold
Year 1 Yield
4.25%
In-Place Loan
52.79% LTV
Avg. Remaining Lease Term
N/A
Cash Flow Forecast
Year 1
Year 2
Year 3
Year 4
4.25%
4.25%
4.25%
4.48%
Year 5
Year 6
Year 7
Year 8
4.93%
5.19%
5.37%
5.21%
Year 9
Year 10
4.41%
4.60%
Investment Highlights
Inland: 50+ years old, $17B AUM, top DST sponsor, over 300 sponsored RE programs
Through 2024, Inland has sponsored 323 private programs, raised $10.6 billion in equity to over 27,500 investors
Somerset County has a continued demand for senior housing
Located 40 miles west of New York City; Situated near Bridgewater Commons Mall and RWJ University Hospital Somerset
15 villa residences totaling 224 units / 228 beds
Advantages
Sponsor has a strong track record.
Newly built Class A+ senior living community (2021) with a stabilized occupancy trajectory and strong demographics in affluent Somerset County.
Weaknesses
Senior housing remains vulnerable to labor shortages, wage inflation, and regulatory oversight.
The month-to-month resident structure increases turnover risk
Loan structure causes income volatility.