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Alternative Assets  + Real Estate  | 
Real Estate Firms Rockwood Capital, Doyenne Healthcare Form Seniors Housing Joint Venture

Real Estate Firms Rockwood Capital, Doyenne Healthcare Form Seniors Housing Joint Venture

Real estate investment manager Rockwood Capital and Doyenne Healthcare Capital (DHC), a women and minority-owned real estate investment firm, have formed a joint venture to invest up to $100 million of equity in seniors housing communities across the US.

The deals of the transaction were not made available.

Formed in August 1992, the Chicago-based DHC and its founders Manisha Bathija and Kristen Ahrens focus on the needs of aging Americans through investments in seniors housing and healthcare real estate.

“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. Our mutual belief in the growth potential of healthcare and seniors housing real estate will help deliver attractive returns to investors,” said Bathija.

Since its inception in 1995, Rockwood has invested in approximately $38.6 billion of real estate and real estate-related assets, and currently manages approximately $13.2bn in assets.

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Doyenne Healthcare CapitalRockwood Capital

About Joe Palmisano

Joe Palmisano is Editorial Director for Connect Money, where he brings nearly three decades experience of market insights as a financial journalist, analyst and senior portfolio manager for leading financial publications, advisory firms, and hedge funds. In his role as Editorial Director, Joe is responsible for the selection of content and creation of daily business news covering the financial markets, including Alternative Assets, Direct Investment and Financial Advisory services. Before joining Connect Money, Joe was a financial journalist for the Wall Street Journal, regularly publishing feature stories and trend pieces on the foreign exchange, global fixed income and equity markets. Joe parlayed his experience as a financial journalist into roles as a Senior Research Analyst and Portfolio Manager, writing daily and weekly market analysis and managing a FX and US equity portfolio. Joe was also a contributing writer for industry magazines and publications, including SFO Magazine and the CMT Association. Joe earned a B.S.B.A. in Finance from The American University. He holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.