Chicago & Midwest + Downtown + Senior Housing | January 17, 2023

Doyenne Healthcare, Rockwood Capital JV on Seniors Housing Acquisitions

Rockwood Capital and Doyenne Healthcare Capital (DHC), a women- and minority-owned real estate investment firm based in Chicago, have formed a joint venture to invest up to $100 million of equity in seniors housing communities across the country. Financial terms weren’t disclosed.

With almost 50 years’ combined experience in seniors housing and healthcare real estate investing, DHC founders Manisha Bathija and Kristen Ahrens focus on investing in healthcare real estate and seniors housing communities throughout the U.S.

“We are excited to launch our first strategic partnership with Rockwood, an established real estate investor with a long history of responsible investing and a unique culture of collaboration,” said Bathija. “Our mutual belief in the growth potential of healthcare and seniors housing real estate will help deliver attractive returns to investors.”

Founded in August 2022, DHC offers a comprehensive suite of services including acquisitions, underwriting, asset management, dispositions, and fund reporting.

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).