OAK LAWN, Ill. — Anthem Memory Care has appointed Lori Cantway as executive director for Grace Point Place in Oak Lawn. Cantway previously was executive director at Eden Supportive Living in Chicago. She has also served as executive director for Autumn Green Wright in Chicago. She brings over 16 years of senior living experience to this position. Cantway earned a bachelor’s degree in business management from DePaul University in Chicago.
CHICAGO — Smith Senior Living has completed a $23 million modernization project of the skilled nursing facilities, known as Johanson Wing, at Smith Village in Chicago. Completed six months early, the project finishes a $74 million campus transformation that began in 2006. Smith village offers the full continuum of care, including independent living, assisted living, memory care, rehabilitation and skilled nursing. The Johanson Wing now houses private suites for short-term rehab patients along with private rooms and a few shared rooms for skilled nursing care residents. To provide more private …
WEST DUNDEE, Ill. — McShane Construction Co. has been selected by Westbrook at Canterfield, LLC to build Woodlands at Canterfield in West Dundee, approximately 40 miles northwest of downtown Chicago. The development will offer 91 assisted living units and 40 memory care beds, along with 16,000 square feet of amenity space and 92 parking spaces. It is located on a nine-acre site. Completion of Woodlands at Canterfield is scheduled for April 2023. AG Architecture is the architect and RDG Planning and Design is the interior designer.
WADSWORTH, Ill. — Live Oak Bank has provided a $5 million SBA 7a construction loan with a $3.4 million conventional pari-passu loan for Lotus Senior Living. The funds will be used for the conversion of an existing hotel into a 74-unit assisted living and memory care facility. Located in Wadsworth near the Wisconsin border, and originally built in 1999 as an extended stay hotel, the three-story building consists of 60,066 square feet situated on 1.4 acres overlooking a golf course. Ashbury Healthcare, a regional operator with a current portfolio of …
CHICAGO — Smith Senior Living has completed a $23 million modernization at Smith Village, a continuing care retirement community in Chicago’s Morgan Park neighborhood. The project quadruples the number of private suites and rooms for rehabilitation and skilled nursing care residents by reducing its licensed beds to 78 from 100. Smith also built a three-story addition that houses therapy areas and dining rooms. Planning for this project began in 2017 and construction was accelerated because tradespeople were named essential workers during the pandemic, making this wing ready for total occupancy …
CHICAGO — Ryan Cos. US Inc. has topped off Clarendale Six Corners, a $117 million senior living community on the Northwest Side of Chicago. Construction of the 10-story, 258-unit project began in January. Completion is slated for fall 2022. Ryan is serving as developer, architect, builder and capital markets partner. Ryan owns the project in a joint venture with LCS and Harrison Street. LCS will handle the day-to-day operations and Ryan will provide asset management services. The 258 units will comprise independent living, assisted living and memory care residences, including …
TAYLORVILLE and PARIS, Ill. — Senior Living Investment Brokerage (SLIB) has arranged the sale of two Life’s Journey-branded memory care communities in Taylorville and Paris, located approximately 97 miles apart in the southern portion of Illinois. Life’s Journey of Taylorville features 46 units in 25,000 square feet on a 4.2 acre plot. The community was built in 2012 and renovated in 2014. Occupancy was 69 percent at the time of sale. Life’s Journey of Paris features 23 units in a 9,200-square-foot building on 0.7 acres. The community was built in …
CHICAGO — The Chicago City Council has given approval for the development of Bronzeville Lakefront, a $3.8 billion mixed-use project located in Bronzeville, a South Side neighborhood. Michael Reese Hospital and Medical Center, which closed in 2008, formerly occupied the 48-acre development site. The City of Chicago acquired the property in 2009 and cleared most of the land over the ensuing months. A team of local developers known as GRIT was selected to purchase the site for $96.9 million through a redevelopment agreement. GRIT comprises Farpoint Development, Loop Capital Management, …
MOUNT PROSPECT, Ill. — ISL Ventures has completed construction on Mount Prospect Senior Living, an assisted living and memory care community in Mount Prospect, approximately 20 miles northwest of Chicago. The 78,000 square-foot building features 56 assisted living units and 32 memory care units. Partners on the project include Leading Light Development, Pi Architects, Charles Hall Construction, Manhard Engineering, TDi and EEA Consulting Engineers. Integral Senior Living is the operator.
CHICAGO — Evergreen Real Estate Group, Synergy Construction Group and the Chicago Housing Authority have completed construction of Ravenswood Senior Living, a 193-unit affordable seniors housing community in the Ravenswood neighborhood on the north side of Chicago. The property was previously the Ravenswood Hospital, which was built in 1974 and fell vacant in 2002. The redevelopment project cost $81 million and took a year-and-a-half to complete. Located between Damen and Ravenswood avenues, Ravenswood Senior Living is a 10-story building that is situated close to public transit, including the Damen and …
