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CREST HILL, Ill. — Senior Living Investment Brokerage has arranged the sale of Willow Falls, a seniors housing community in Crest Hill, approximately 35 miles southwest of downtown Chicago.
The Class A, newer construction asset features 76 units of independent living, 81 units of assisted living and 31 units of memory care on approximately 2.5 acres.
The seller was a Midwest-based institutional capital provider. The buyer is a Midwest-based owner-operator looking to strategically add to its existing footprint throughout the Midwest. The price was not disclosed.
Ryan Saul and Bradley Clousing led the transaction for SLIB.