Focus Healthcare Partners Closes on $370M Fund for Senior Housing Investments

Focus Healthcare Partners (FHP) successfully closed a $370 million fund, the Focus Senior Housing Fund II LP, to target investments in the private-pay senior housing sector. This fund is 20% larger than their previous senior housing fund and will cover investments in active adult, independent living, assisted living, and memory care facilities. FHP will explore opportunities in core-plus, value-add, and distressed properties, including acquisitions, development, distressed debt, and preferred equity. The firm’s long-term success and experienced management team have attracted investors such as university endowments, pension funds, insurance companies, and family offices. Incubation Capital Partners LLC advised on the fundraising efforts. FHP, based in Chicago, has acquired over $1.2 billion in senior housing assets since 2010, showcasing their strong track record in the industry.