Irvine, CA – MBK Senior Living is announcing upcoming improvements at San Clemente Villas by the Sea (San Clemente Villas), a premier Assisted Living and Memory Care community in San Clemente, California. Under the leadership of private equity firm IRA Capital, the 137-unit community will undergo a comprehensive interior and exterior renovation, which began in March 2025.
Enhancements at San Clemente Villas will include modernized living spaces, upgraded amenities, and refreshed common areas. The community’s signature Sky Lounge will be reimagined, offering an elegant space where residents and guests can take in coastal views while enjoying social gatherings, dining, and entertainment. Residence upgrades will provide a fresh, contemporary aesthetic while maintaining the warm, welcoming atmosphere that makes San Clemente Villas a sought-after senior living destination.
“This reinvestment reflects IRA Capital’s dedication to elevating the standard of senior living in Southern California. By modernizing San Clemente Villas, we are not only enhancing the physical environment but enriching the daily experiences of our residents,” said Jay Gangwal, Managing Partner of IRA Capital.
Beyond the renovations, MBK Senior Living’s involvement ensures that the community’s daily operations reflect its well-established reputation for exceptional care, lifestyle programming, and personalized support. Residents will continue to enjoy boutique-style amenities, tailored wellness programs, and a maintenance-free lifestyle—all just minutes from the beach.
“At MBK Senior Living, we believe that senior living goes beyond providing quality care—it’s about fostering connections, enriching lives, and being a valued part of the community we serve,” said Kevin Bowman, President of MBK Senior Living. “Our dedication to improvements at San Clemente Villas reflects our deep commitment to both our residents and the broader San Clemente community.”
With this reinvestment, IRA Capital reaffirms its long-term vision for creating best-in-class senior living communities while positioning San Clemente Villas by the Sea as a leading Assisted Living and Memory Care provider in Southern California.
About MBK Senior Living
Founded in 1990, MBK is a leader in the ownership and operation of Independent Living, Assisted Living, and Memory Care communities. With more than 30 years of experience, MBK has developed innovative programming rooted in high-quality service, enrichment, and a culture of genuine care. Across its portfolio of communities in the Western United States, MBK fosters environments where residents thrive, connect, and enjoy fulfilling lifestyles. For more information about MBK Senior Living and its communities, please visit www.mbkseniorliving.com.
About IRA Capital
Founded in 2010, IRA Capital is a Southern California-based private equity firm specializing in real estate investments. To date, the firm has acquired over 10 million square feet of property across 28 states, with a total capitalization exceeding $3.5 billion. IRA partners with pension funds, institutions, and family offices to invest in high-quality assets. To learn more, visit www.iracapital.com.
