Tuesday, December 5, 2023
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Illinois

DevelopmentIllinoisIndependent LivingNews

Covenant Breaks Ground on $66.5M Expansion Project in Northbrook, Illinois

by Jeff Shaw

NORTHBROOK, Ill. — Covenant Living Communities and Services has broken ground on an expansion project at Covenant Living of Northbrook in Northbrook, a suburb north of Chicago. The $66.5 million expansion includes three new three-story carriage homes. This will add 36 new one- and two-bedroom apartments, each with a large patio or balcony and private garage. The overall project also includes a reimagined Town Center, adding another 9,000 square feet with upgraded dining venues—both indoors and outdoors. The outdoor spaces will incorporate a fit pit. The development team for this …

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AcquisitionsIllinoisMemory CareNews

OneLife Senior Living Acquires 70-Unit Memory Care Property in Suburban Chicago

by Jeff Shaw

VERNON HILLS, Ill. — OneLife Senior Living has acquired the former Springs of Vernon Hills Alzheimer’s Special Care Center in the Chicago suburb of Vernon Hills.  The firm has since rebranded the 70-unit property as The Laurel at Vernon Hills. OneLife retained all 59 staff members, and reviewed and updated benefits, wages and best practices for staffing. OneLife reduced temporary agency staff and increased permanent team members.  The Laurel at Vernon Hills provides memory care services for people with Alzheimer’s and other forms of dementia.

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Affordable HousingDevelopmentIllinoisNews

NHP Foundation Completes Renovation of 57-Unit Affordable Property in Chicago

by Jeff Shaw

CHICAGO — The NHP Foundation (NHPF) has completed a major renovation of the Edwin C. Berry Manor Apartments in Chicago. The Section 8 seniors housing property is located at 737 E. 69th St. The rehabilitation project was made possible by a financial partnership between HUD, Merchants Capital, Illinois Housing Development Authority, National Affordable Housing Trust and UnitedHealth Group.  The 57-unit community, built in 1991, marks the fourth property that NHPF has acquired or built in Chicago in the last five years and the first specifically for seniors. The units are …

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Affordable HousingDevelopmentIllinoisNews

Lincoln Avenue Communities Breaks Ground on Willis Senior Lofts Affordable Development in Rochelle, Illinois

by Jeff Shaw

ROCHELLE, Ill. — Lincoln Avenue Communities (LAC) has broken ground on Willis Senior Lofts, an affordable housing development for lower-income seniors. The property will be constructed in Rochelle, a small city of fewer than 10,000 residents approximately 75 miles west of Chicago. The 60-unit property represents LAC’s second new construction deal in Illinois. Willis Senior Lofts will serve residents age 55 and older, with 45 units restricted to households earning less than 60 percent of the area median income (AMI) and 15 units restricted to 30 percent AMI. LAC plans …

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CCRCIllinoisNewsOperations

The Admiral at the Lake in Chicago to End Affiliation with Kendal Corp.

by Jeff Shaw

CHICAGO — The Admiral at the Lake board of directors has announced it intends to end its affiliation and become an independently operated continuing care retirement community. The property is located near Montrose Beach in Chicago’s Uptown neighborhood. “The board of directors worked closely with expert advisors, our stakeholders and the management team to analyze the opportunities that exist for The Admiral at the Lake under a variety of scenarios,” says Laura McKee, board chair. “With this new path forward, we will continue to provide elevated senior living services to …

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Assisted LivingDevelopmentIllinoisNews

McShane Completes 131-Unit The Woodlands at Canterfield in West Dundee, Illinois

by Jeff Shaw

WEST DUNDEE, Ill. — McShane Construction has completed The Woodlands at Canterfield, a 131-unit senior living development in West Dundee, approximately midway between Chicago and Rockford.  Built for Westbrook at Canterfield, LLC, The Woodlands at Canterfield comprises 91 assisted living units and 40 memory care beds as well as 16,000 square feet of amenity space. Positioned on a nine-acre site, the one-, two- and three-story building features a fiber cement panel and stone veneer exterior. Units are offered in studio, one- and two-bedroom options AG Architecture is the architect and …

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DevelopmentIllinoisNews

The Danish Home of Chicago Breaks Ground on 14-Unit Expansion

by Jeff Shaw

CHICAGO — The Danish Home of Chicago, an independent seniors housing community in Chicago, has broken ground on a 14-unit expansion. The Danish Home of Chicago was established in 1897 by 12 Danish women to provide a comfortable, safe life for elderly Danes. Today, the boutique, nonprofit community offers all levels of care to people 62 and older without regard to nationality, faith or sexual orientation.  Currently home to 41 seniors when fully occupied, the new Garden Suites will allow an additional 14 people to live at the community. The …

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Affordable HousingDevelopmentIllinoisNews

ACO Commercial Arranges $8M Sale of Development Site on Chicago’s South Side

by Jeff Shaw

CHICAGO — ACO Commercial has arranged the sale of a five-acre development site located at 3000-3052 S. Pitney Court in Chicago’s Bridgeport neighborhood for $8 million.  George Toscas and Linda Hatter of ACO represented the seller, St. Louis-based SOHO Investments Inc. The buyer was the Chinese American Service League Inc.  The nonprofit plans to develop the site into a comprehensive community care campus with affordable seniors housing, an adult day service center for seniors, an early childcare center and an industrial/commercial kitchen for senior meals and culinary training programs. Additionally, …

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AcquisitionsIllinoisNewsSkilled Nursing

Ziegler Negotiates Sale of 135-Bed Bethesda Rehab & Senior Care in Chicago

by Jeff Shaw

CHICAGO — Ziegler has arranged the sale of Bethesda Rehab & Senior Care, a 135-bed skilled nursing facility in Chicago. The four-story facility is located on a nearly two-acre parcel. For over 100 years, Bethesda has had a presence in the Chicagoland area and the community has developed a reputation for providing short-term rehabilitation, long-term skilled nursing care, respite care and Alzheimer’s care to seniors throughout the greater northern Chicagoland area.  Bethesda was previously a part of Norwood Crossing, founded in 1896, whose main residential campus in Chicago’s Norwood Park …

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AcquisitionsIllinoisNewsSkilled Nursing

ESI Arranges Sale of 213-Bed Champaign Urbana Nursing & Rehab in Illinois

by Jeff Shaw

SAVOY, Ill. — Evans Senior Investments (ESI) has arranged the sale of Champaign Urbana Nursing & Rehab in Savoy, approximately midway between Chicago and St. Louis.  A regional owner-operator sold the asset to Mozart Healthcare, which plans to install Accolade Healthcare as the operator. The price was not disclosed.  Initially built in 1975, the facility is licensed for 213 skilled nursing beds, and at the time of marketing was 49 percent occupied. Due to the headwinds of the COVID-19 pandemic, which placed bans on admissions and restricted elective surgeries, the …

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