Ryan Companies completes $40 million senior living community in Algonquin, Illinois

October 05, 2016 Clarendale of Algonquin houses 76 independent living residences, 56 assisted living and 54 memory care suites, with a variety of floor plans based on the type of care. Read more...

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Construction begins on new senior living facility in Orland Park

September 21, 2016 Developers recently broke ground on the new 94-unit Heartis Village Orland Park assisted living and memory care community at 159th St. and Harlem Ave. Read more...

Illinois Real Estate Journal, News Comments (1)

Construction on Arbor Glen Senior Living community breaks ground in Lake Elmo, Minnesota

September 09, 2016 Arbor Glen Senior Living has a variety of housing solutions for older adults, ranging from options for those who choose to live independently to those who want to take advantage of the care and services that are available 24/7. Read more...

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Novak Construction breaks ground on new affordable senior living apartments in Richmond, Illinois

September 06, 2016 Novak Construction has site work underway for the new development that will serve low income seniors in need of secure housing. It is situated adjacent to a walking trail and will feature services focused on health and wellness for seniors 55 and older. Read more...

Chicago Industrial Properties, News Comments (1)

South Bay Partners acquires 13-acre site in Lincolnwood for new assisted living facility

August 09, 2016 The site features 942 feet of frontage on Pratt Avenue and is located just two miles from the I-94 and Touhy Avenue interchange. Read more...

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Ryan Companies partners up to bring new senior living community to Hendersonville, Tennessee

June 30, 2016 The Great Lakes Region of Ryan Companies US, Inc. and its project partner LCS®, announced plans for Clarendale of Hendersonville, a $40 million senior living community in Hendersonville, Tennessee that will offer independent living, assisted living and memory care units and services. Read more...

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Cardigan Ridge Senior Living breaks ground in Little Canada, Minnesota

June 15, 2016 Located at 3300 Rice Street, just south of I-694, the 158,000-square-foot senior community will provide independent living, assisted living and memory care apartments with a variety of styles -- many with decks, screen porches, balconies and views of Black Tern Pond. Read more...

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Construction on new Roseville, Minnesota senior living community breaks ground

June 13, 2016 The 115-unit senior community will provide 85 independent living and assisted living apartments with a variety of floor plans, 24 memory care apartments and six care suites. Read more...

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Greenbrier breaks ground on $30M assisted living and memory care facility in Prospect Heights, Illinois

March 22, 2016 Greenbrier Senior Living, a division of Evergreen Real Estate Group that specializes in the development and management of senior living communities, has started construction on the $30 million project of Greenbrier of Prospect Heights, a 101-unit assisted living and memory care community in Prospect Heights, Ill. Read more...

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Developers reach construction milestone for senior living community, Clarendale of Algonquin

March 08, 2016 Clarendale of Algonquin, the $40-million senior living community in Algonquin, Illinois, that will feature 186 independent living, assisted living and memory care units, is now fully enclosed. Read more...

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McShane Construction to complete sitework for 108-unit assisted living and memory care residence in Peoria, Illinois

July 15, 2015 McShane Construction Company has been awarded the new 108-unit Heartis Assisted Living and Memory Care community on behalf of developer, Caddis Partners, LLC. The new luxury senior living complex is under construction on a seven-acre parcel at 8201 North Illinois Route 91 in Peoria, Illinois. Read more...

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Chicago’s Cerulean Partners purchases senior living community near Las Vegas strip

February 20, 2013 Chicago's Cerulean Partners in February acquired Destinations at Eastern, a 116-unit independent senior living community in Las Vegas. Read more...

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Walker & Dunlop provides $12 million loan to senior center in Minnesota

July 26, 2012 Walker & Dunlop recently provided a $12.08 million loan under the U.S. Department of Housing and Urban Development’s Section 232/223(f) program for Select Senior Living at Coon Rapids, an assisted-living facility located in Coon Rapids, Minn. Read more...

Midwest Real Estate News, News Comments (0)

Bickford Senior Living and Harrison Street Real Estate Capital form Joint Venture

July 14, 2011 Bickford Senior Living, a Kansas City-based developer and operator of assisted living and memory care communities, and Harrison Street Real Estate Capital, a Chicago-based real estate private equity firm, have entered into a joint venture resulting in the immediate acquisition/recapitalization of six assisted living and memory care communities that Bickford currently manages for approximately $62 million. Read more...

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