Multifamily news in Senior Housing - Chicago
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New Frontier Buys Chicago-Area Senior Living Asset
The 120-unit affordable community known as Riverwalk commanded close to $9 million.
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Dwight Capital Provides $56M Loan for 8 Suburban Chicago Assets
Lexington Health Network will use part of the loan to refinance the properties' existing capital structure.
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Chicago-Area Supportive Living Facility Breaks Ground
A 100-unit redevelopment project is taking shape some 12 miles west of the city’s downtown.
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Ryan Cos. Breaks Ground on $117M Chicago Senior Community
The long-debated project will bring 258 senior housing units and additional commercial space to the city's Six Corners district.
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Chicago-Area Senior Community Breaks Ground
Located in Evanston, the $25 million affordable property will offer 60 units for senior residents.
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Gardner Capital Completes Chicago-Area Senior Housing
Spring Hill Senior Residences in West Dundee, Ill., will feature 61 apartments for residents 55 years and older.
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Walker & Dunlop Arranges $25M for 2 Senior Housing Communities
Senior Managing Director Joshua Rosen led the origination team which provided HUD financing for the Manchester, Ky., and Aurora, Ill., properties.
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Evergreen Lands $16M Refi for Chicago-Area Community
The 134-unit property in Joliet, Ill., caters to seniors aged 62 and over and disabled individuals.
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Construction Completed on Chicago-Area Senior Housing
McShane Construction Co. completed the 146-unit property located in Naperville, a western suburb.
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Chicago-Area Senior Housing Community Opens
The property is the latest development from Resort Lifestyle Communities, which recently opened a senior housing project in Pittsburgh.
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Luxury Senior Housing Underway in Chicago
Senior Lifestyle Corp. and Kaufman Jacobs started construction on a 200-unit upscale community offering independent living, assisted living and memory care.
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Strawberry Fields Pays $15M for IL Skilled Nursing Facility
The current tenant of Landmark of Des Plaines, which leased the property at the beginning of 2018, will continue to operate under its 10-year lease.
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Chicago-Area Assisted Living Community Gets New Building
The 156-unit luxury facility, located right across from Chicago Botanic Garden, opened its doors in 2014. A former memory care wing will be converted into assisted living units.
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Affordable Senior Housing Breaks Ground in Illinois
The 60-unit Residences of Crystal Lake is slated for completion by March 2020.
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$30M Senior Living Project Breaks Ground in Suburban Chicago
Scheduled for completion in mid-2020, the three-story assisted living and memory care community will bring 86 residential suites to Highland Park, Ill.