Town Lane, Kelly Sheehy Partner on Seniors Housing Platform

Town Lane, Kelly Sheehy Partner on Seniors Housing Platform
News| December 1, 2025| Paul Bubny

Town Lane and seniors housing veteran Kelly Sheehy have launched a new platform, Arcole, to pursue value-add and opportunistic seniors housing opportunities across the U.S. This platform represents a continuation of Town Lane’s strategy within seniors housing, which to date has seen six properties totaling nearly $300 million closing or under contract through four separate transactions out of its inaugural $1.25-billion fund.

Tyler Henritze, founder and managing partner of Town Lane, said, “I’ve known Kelly for 25 years, and his deep understanding of the seniors housing and healthcare sectors will enable us to maximize current and future opportunities in an area where we see favorable supply/demand dynamics.”

The platform aims to maximize value through active management across community strategy, management company selection and alignment, operational improvements and strategic capital. Arcole will collaborate with experienced and proven managers to improve the lifestyle, quality of care and housing experience for residents.

Pictured: The Goldton at Venice, which Town Lane acquired in August 2025.

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