Single-asset Delaware statutory trust that owns Clarendale of Mokena, a 156-unit senior living community (independent living, assisted living and memory care) on 11.40 acres in Mokena, Illinois, built in 2015 and acquired for $72.0 million with no permanent debt. The property is master leased to an IPC affiliate, which subleases units to residents and engages Life Care Services, an unaffiliated national operator, to run the community. The trust is designed for Section 1031 exchange investors and also accepts cash investors.