November 6, 2019
Strategic Student & Senior Housing Trust, Inc. (SSSHT) completed a free-standing, 23-unit memory care building at Courtyard at Mt. Tabor in Portland. The roughly 16,000-square-foot facility, Courtyard at Mt. Tabor Pavilion, is an expansion the continuum-of-care senior housing community that now offers 309 units of independent living, assisted living and memory care.
The public, non-traded real estate investment trust sponsored by SmartStop Asset Management, LLC, reports the Pavilion opened 38% pre-leased.
SSSHT’s John Strockis says, “SmartStop Asset Management believes that the ideal senior housing model is a continuum-of-care campus serving private-pay, middle-income seniors that allows residents to age in-place.”
Courtyard at Mt. Tabor is situated on 7.1 acres of land located at 6125 and 6323 SE Division St. The full-service community has extensive dining service options; wellness care and activities; transportation; personal care and support services; housekeeping; and a 24-hour front desk staff for its residents.
For comments, questions or concerns, please contact Dennis Kaiser