Exchange-X, along with managing partner Inland, is pleased to announce the offering of Inland Mokena Senior Living DST. The Inland Mokena Senior Living DST features the Clarendale of Mokena, a premier, resort-style retirement community located at 21536 Wolf Road in Mokena, Illinois. Constructed in 2015, the property encompasses 11.40 acres and consists of a single three-story building housing 156 units. The facility is designed to support a full “continuum of care,” offering 60 independent living units, 56 assisted living units, and 40 memory care units. Residents enjoy a wide array of modern amenities, including a first-floor bistro and open-air pub, a fitness studio, a full-service salon and spa, and a movie theater. The units themselves are thoughtfully designed with light and airy living spaces, fully equipped kitchens, and critical safety features such as a 24-hour emergency call system, all aimed at fostering an active and social environment for aging Americans.

The property is managed by Life Care Services (LCS), the most awarded independent senior living operator in the history of the J.D. Power U.S. Senior Living Satisfaction Study. LCS manages over 120 communities nationwide, serving approximately 32,000 residents. This finance-free investment utilizes a Master Lease structure, allowing LCS to oversee all operations on behalf of the Trust. This debt-free setup provides the Trust with maximum flexibility to hold or sell the asset without lender restrictions or tax-related re-leasing constraints.

Currently maintaining a strong 94% occupancy rate, the property is situated in the affluent Chicago-Naperville-Elgin MSA, roughly 30 miles southwest of downtown Chicago. The location is just six miles from the highly-ranked Silver Cross Hospital and offers easy access to Interstates 80, 57, and 355. With the local 75+ population projected to grow 8.3x faster than the general population over the next five years, the property is strategically positioned to meet the rising demand for senior housing in this high-income suburban corridor.