Sponsor profile
SEC filings + cited sources
Livingston Street Capital, LLC is a Radnor, Pennsylvania real estate firm that develops thematic investment programs, with a stated focus on stabilized, core-plus Active Adult (55+) and Independent Living communities alongside multifamily, healthcare, office, and industrial assets. Its affiliates report owning and managing more than 2,300 senior-oriented multifamily units plus over 1.1 million square feet of commercial space across 14 states, using the Allure Lifestyle Communities brand to operate its senior housing. Top1031 tracks 18 DST programs sponsored by the firm, first filed between 2018 and 2024. Documented deals include a $62.8 million Towson, Maryland apartment acquisition and a $39.9 million Kansas medical-center sale.
Firm identity and strategy
Livingston Street Capital, LLC describes itself as a situationally opportunistic real estate firm that develops thematic investment programs spanning Active Adult 55+, Independent Living, multifamily, healthcare, office, and industrial sectors 1. A 2022 acquisition release identifies it as a Radnor, Pennsylvania private-equity firm acquiring Active Adult and Independent Living assets 2. Its 2023 multifamily overview targets stabilized Class A/B communities of 100–300 units in primary, secondary, and tertiary markets across the Southeast, Southwest, Pacific Northwest, and Mid-Atlantic, with deal sizes of roughly $20 million to $100 million 3.
Platform scale and operating brand
The firm reports that its affiliates own and manage more than 2,300 Active Adult (55+) and Independent Living multifamily units plus over 1.1 million square feet of commercial assets across 14 states 4. Owned senior communities are leased and managed under the Allure Lifestyle Communities brand, with cited examples including King City Senior Village and Allure of Geneva 5.
Documented transactions
On March 31, 2022, an affiliate sold a 63,978-square-foot, 33-bed acute medical center in Great Bend, Kansas—originally acquired in December 2018—for $39.9 million 6. In October 2022, the firm acquired Versailles Apartments, a 210-unit community in Towson, Maryland, for $62.8 million from Cadre 7. In July 2022 it announced the acquisition of Canvas Valley Forge, a 231-unit active-adult community in King of Prussia, Pennsylvania 2.
Program history
Top1031 tracks 18 DST programs sponsored by Livingston Street Capital, with first filing years spanning 2018 through 2024 8.