Seniors Housing N Illinois
Atria Highland Park begins pre-leasing

Atria Highland Park begins pre-leasing

Atria Senior Living has announced pre-leasing at Atria Highland Park, a new luxury senior living community located at the intersection of Deerfield Road and Central Avenue in Highland Park, Illinois. The property, which will feature 86 apartments offering assisted living and memory care is slated for a summer 2020 opening.

Seniors Housing N Illinois
Senior Lifestyle Corporation breaks ground on The Sheridan at River Forest

Senior Lifestyle Corporation breaks ground on The Sheridan at River Forest

Senior Lifestyle Corporation, an owner, operator and developer of senior living communities, and Kaufman Jacobs, a Chicago-based privately-held real estate investment firm, broke ground on The Sheridan at River Forest on September 30, 2019. The Sheridan at River Forest will feature 92 assisted living apartment homes, as well as 33 memory care residences developed specifically to support those with Alzheimer’s, dementia and other memory-impairing illnesses.

Seniors Housing i Ohio
KeyBank provides $88 million in financing for seniors housing in Ohio, Kentucky

KeyBank provides $88 million in financing for seniors housing in Ohio, Kentucky

KeyBank Real Estate Capital has secured $88 million of financing in Federal Housing Authority loans for the Northwind Group, based in New York, to pay down a portion of a bridge loan KeyBank provided that was used to fund the acquisition of eight healthcare properties. The financing is for four of the eight properties – three skilled-nursing facilities and one assisted-living facility – in Ohio and Kentucky:

Seniors Housing N Illinois
Senior Lifestyle Corporation breaks ground on the Sheridan at Oak Brook

Senior Lifestyle Corporation breaks ground on the Sheridan at Oak Brook

Senior Lifestyle Corporation, an owner, operator and developer of senior living communities, and Kaufman Jacobs, a Chicago-based, privately held real estate investment firm, have begun construction on The Sheridan at Oak Brook. The project, which is the fourth joint venture development between Senior Lifestyle and Kaufman Jacobs, has a target opening of early 2021.

Seniors Housing N Illinois
Verandah Retirement Community in Hanover Park, Illinois, will feature a five-story, 75-unit condominium building and a four-story, 80-unit assisted living and memory care facility connected by a 20,000-square-foot clubhouse. The community will also include 55 townhomes.

Midwest's first multicultural retirement community to begin occupancy next month

Developer Aman Living will welcome its first move-ins this October at Verandah Retirement Community, the Midwest’s first multicultural retirement community designed to celebrate a variety of ethnic lifestyles, such as Indian, American and Asian through a fusion of cuisine, activities, entertainment, traditions and cultures for seniors of all backgrounds.