GRAYSLAKE, Ill. — CA Ventures LLC and Pathway Senior Living have opened Travanse Living at Grayslake, a 96-unit assisted living and memory care community in Grayslake, located approximately midway between Chicago and Milwaukee.
Development
Cushman & Wakefield Arranges $23.3M Construction Financing for LCB Senior Living Community in Connecticut
STAMFORD, Conn. — Cushman & Wakefield has arranged $23.3 million in financing for a joint venture between LCB Senior Living and Virtus Real Estate Capital, which will use the loan to build The Residence at Stony Ford, a 104-unit independent living, assisted living and memory care community.
INDEPENDENCE, Mo. — Chicago-based Senior Housing Group and its joint-venture development partner, Maine-based Evergreen Partners, have acquired Heritage House, a 166-unit affordable seniors housing community in the Kansas City suburb of Independence, for an undisclosed price.
Community Preservation Partners Buys 280-Unit Affordable Community in California, Plans $11.3M Renovation
CATHEDRAL CITY, Calif. — Community Preservation Partners (CPP) has acquired Mountain View Apartments, a 280-unit affordable seniors housing community in Cathedral City, approximately 100 miles east of Los Angeles. A private trust sold the property for an undisclosed price.