Inspired Healthcare Capital Breaks Ground on $20.8 Million Property
"Inspired Healthcare Capital LLC, a private equity firm specializing in senior housing investments, announced the start of construction on Winery Lane, a 48-unit assisted living and memory care development in Roseburg, Oregon with an approximate project cost of $20.8 million.
Development of the project has been funded in part by proceeds raised via a $10 million private placement offering launched in June 2023.
Inspired Healthcare Capital says the Roseburg community will be nearly identical in design to the company’s project in nearby Creswell, which features two sister buildings, one dedicated to assisted living and one dedicated to memory care. The company has partnered with their affiliates, NSite Development, Lucas Construction, and Volante Senior Living on the project. Upon completion, the company says Volante will assume operations of the community. Volante currently operates 23 communities in 11 states, with more than 2,200 units under their care." - The DI Wire