ST. PAUL, Minn. — Dougherty Mortgage has arranged a $5.1 million Fannie Mae loan for the refinancing of Riverview Highlands, a 54-unit seniors housing property in St. Paul. The 12-year loan includes a 30-year amortization schedule. Dougherty’s Minneapolis office arranged the loan for the borrower Riverview Highlands LLC.
Independent Living
FORT LAUDERDALE, Fla. —Housing Trust Group a housing real estate developer in Florida, has completed construction of Village Place Apartments, a $15 million, 112-unit senior affordable housing community in Fort Lauderdale. The mid-rise apartment development is located at 720 NE 4th Avenue.
NORTHBROOK, Ill. — Leopardo Companies, Inc. has completed The Evergreen, a new 113,000-square-foot residential apartment complex. The three-story independent living facility for seniors is part of the 55-acre Covenant Village of Northbrook campus, a Covenant Retirement Community.
Woodridge Horizon Senior Living Community to Replace Old Apartment Buildings in Illinois
by Jeff Shaw
WOODRIDGE, Ill. — The village of Woodridge has approved final plans for the Woodridge Horizon Senior Living Community to be located at 8099 Janes Avenue. The approval marks a significant milestone, as this will be the first senior housing development in the community.
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