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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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Assisted LivingFinanceIllinoisNews

Greystone Provides $16.8M Loan for Supportive Living Community in Rolling Meadows, Illinois 

by Jeff Shaw

ROLLING MEADOWS, Ill. — Greystone has provided a $16.8 million HUD LEAN 232/223(f) green loan to refinance a 102-unit supportive living facility in Rolling Meadows, approximately 25 miles northwest of Chicago.  Plum Creek at Rolling Meadows is a three-story facility on 1.46 acres, which was constructed in 1986 as a hotel property and converted to a supportive living facility in 2006. The Supportive Living program in Illinois is an alternative to nursing home care for low-income older persons requiring mid-range care needs as opposed to skilled nursing. With the 35-year …

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CCRCDevelopmentIllinoisIndependent LivingNews

Lifespace Completes Independent Living Renovation at Oak Trace in Downers Grove, Illinois

by Jeff Shaw

DOWNERS GROVE, Ill. — Lifespace has completed renovations to the independent living building at Oak Trace, a continuing care retirement community in Downers Grove, approximately 20 miles west of Chicago. The renovations were part of a $112 million full-campus redevelopment. The first phase of the project occurred in 2019, when Oak Trace opened its new Health and Wellness Center offering assisted living, memory care rehabilitation and skilled nursing. It was named among the Best Nursing Homes by U.S. News & World Reportfor 2022-2023. The latest phase, completed last week, features renovated shared …

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CCRCIllinoisNewsPeople

Lifespace Appoints Doug Fleegle as Executive Director of Beacon Hill in Lombard, Illinois

by Jeff Shaw

LOMBARD, Ill. — Lifespace Communities has named Doug Fleegle as executive director of its Beacon Hill community in Lombard, a village 20 miles west of Chicago. Fleegle previously served as executive director at Lifespace’s Village on the Green community in Longwood, Florida from 2016 to 2019.  Fleegle has extensive executive-level leadership experience in senior living, healthcare and human services. Most recently, he served as the executive director of Las Ventanas, a HumanGood continuing care retirement community. He has also held leadership roles at Westminster Communities of Florida, Asbury Communities and …

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