Town Lane (www.townlane.com), a real estate investment management firm, in conjunction with Arcole, its senior housing platform, announced the acquisition of Amavida at Lakes Park, a 2018 vintage, 386-unit Class A full-continuum community in Fort Myers, Florida. The acquisition was completed through an off-market transaction, with Life Care Services ("LCS"), one of the nation’s largest and most experienced senior housing operators, continuing as property manager post-acquisition.
Since launching in 2025, Town Lane and Arcole have assembled a portfolio of recent-vintage, full-continuum senior housing communities totaling approximately 1,500 units and over $500 million in gross asset value across Florida, Georgia, Illinois, and Texas - partnering with five of the sector’s highly respected property managers. Amavida at Lakes Park, the platform’s largest acquisition to date, reflects the platform’s strategy of acquiring Class A assets in growth markets with further upside through hands-on asset management and strategic capital deployment.
Located on a 32-acre campus adjacent to Lakes Regional Park and within minutes of several major healthcare providers, Amavida at Lakes Park serves one of Florida’s fastest-growing senior populations and offers a full continuum of care across independent living, assisted living, and memory care. The community features resort-style amenities, including multiple dining venues, a clubhouse, fitness and wellness offerings, pickleball and tennis courts, walking paths, and independent living cottages.
"We are excited to add Amavida at Lakes Park to our growing senior housing portfolio," said Tyler Henritze, Founder and Managing Partner of Town Lane. "Fort Myers continues to benefit from compelling long-term demographic trends, and Amavida represents exactly the type of high-quality, full-continuum community we seek to own."
"Amavida at Lakes Park is highly consistent with the strategy we have been executing with Town Lane - investing in high-quality real estate through long-standing relationships with well-established operators like LCS, and backing those partnerships with a proprietary data-driven asset management technology platform that sharpens how we underwrite and manage our communities, creating value for our partners and providing an elevated resident experience," said Kelly Sheehy, Managing Partner of Arcole.
About Town Lane
Town Lane is a boutique, relationship-driven real estate investment manager. Based in New York City, the firm invests thematically across commercial real estate sectors and throughout the capital stack. Town Lane was founded in 2024 after raising $1.25 billion of institutional investor capital targeting opportunistic returns for its inaugural fund. The firm seeks to identify compelling themes, evaluate misunderstood opportunities, and capitalize selectively on episodic market dislocations.
For more information, please visit www.townlane.com.
About Arcole
Arcole is a specialized healthcare real estate platform built on deep operating expertise, disciplined execution, and a data-driven foundation. Arcole works with experienced operators to support senior housing acquisitions, repositioning, and active senior housing asset management, with a focus on alignment, operational excellence, and long-term value creation. The firm’s platform integrates hands-on operations with advanced data systems, enabling clear insights, accountability, and scalable performance.
For more information, please visit www.arcolepartners.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260713564842/en/
We are excited to add Amavida at Lakes Park to our growing senior housing portfolio
Contacts
Media Contacts:
Town Lane
Madalene Haverty // mhaverty@townlane.com
Arcole Partners
Kelly Sheehy // sheehy@arcolepartners.com