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 …
CHICAGO — Life Care Services has opened the doors on Clarendale Six Corners, a 258-unit seniors housing community in the Portage Park neighborhood of northwest Chicago. Rising 10 stories at the intersection of Milwaukee Avenue and Irving Park Road, the community features 114 independent living apartments with one, two and three-bedroom layouts, 98 assisted living units and 46 memory care apartments.
VERNON HILLS, Ill. — Blueprint Healthcare Real Estate Advisors has brokered the $9.3 million sale of Springs of Vernon Hills in Vernon Hills, a northern suburb of Chicago. The standalone memory care community was built in 2015 and features 70 units. The seller was The Long Hill Company, a nationally focused turnaround management firm serving as the court-appointed receiver for the property. After falling to 58 percent occupied in 2021 following Illinois’ strict COVID-19 lockdowns, the community was placed into receivership. Under Long Hill’s management, the community steadily regained census, …
GLEN ELLYN, Ill. — Anthem Memory Care has named Emily Potempa as executive director for Churchill Place, a community in the Chicago suburb of Glen Ellyn. In this capacity, she will oversee all daily care, programming and operations. Potempa previously was executive director with Encore Memory Care in nearby Bolingbrook. She also served as director of resident services for Brookdale Senior Living in Lisle, just five miles away from her new community. Potempa brings over 12 years of senior living experience to this position. She earned a bachelor’s degree in …
CHILLICOTHE, Ill. — Senior Living Investment Brokerage (SLIB) has arranged the sale of The Legacy & Evergreen Place, a 73-unit assisted living and memory care community in Chillicothe, located along Goose Lake approximately 140 miles southwest of Chicago. The asset was part of a larger portfolio of skilled nursing facilities. The seller of this building, which is buying the remaining portfolio, elected to carve out this asset because the company specializes in skilled nursing. The buyer is a Midwest-based owner that built the community in 2015 and was looking to …
ELMHURST, Ill. — Focus Healthcare Partners LLC, a Chicago-based real estate investment and asset management firm, has acquired Lexington Square Senior Living in Elmhurst, approximately 15 miles west of Chicago. BMO provided financing for the sale. The price and seller were not disclosed. Focus will rebrand the community as The Roosevelt at Salt Creek and convert it from an entrance-fee buy-in model to a rental community offering independent living and assisted living. Life Care Services will manage the community and help facilitate the transformation. Focus will implement a multi-year renovation …
LA GRANGE, WESTMONT, PROSPECT HEIGHTS and LAKE ZURICH, Ill. — Senior Lifestyle has acquired four communities in the Chicago metropolitan area: Aspired Living of La Grange Aspired Living of Westmont Aspired Living of Prospect Heights Azpira Place of Lake Zurich The communities offer assisted living, memory care and supportive living residences in the northern and southern suburbs of Chicago. Further details on the properties were not disclosed.
SCHAUMBURG, Ill. — Friendship Village of Schaumburg, an independent continuing care retirement community (CCRC) in the Chicago suburb of Schaumburg, has filed for Chapter 11 protection through the U.S. Bankruptcy Court for the Northern District of Illinois and is seeking a sale. The community cites continued hardships from the COVID-19 pandemic. Debt on the community is largely through bond financing. The community will continue to operate as normal during the bankruptcy process. The sale process will be subject to the bankruptcy court’s oversight. Due to the large size of the …
ELMHURST, Ill. — CBRE has arranged an undisclosed amount of financing for the sale of Lexington Square of Elmhurst, a 348-unit independent living and assisted living community in Elmhurst, approximately 17 miles west of Chicago. The property was built in 1990. The borrower, Focus Healthcare Partners LLC, has purchased the asset and rebranded it as The Roosevelt at Salt Creek. Focus plans to execute a significant capital improvement plan and convert the existing entrance-fee CCRC model to rental units. Aron Will, Matt Kuronen and Michael Cregan of CBRE National Senior …
VERNON HILLS, Ill. — Acting as general contractor, Focus has completed construction of Everleigh, an active adult community in Vernon Hills, a northern suburb of Chicago. Greystar is the property’s developer. Everleigh Vernon Hills features 173 apartments ranging in size from 567 to 1,373 square feet, as well as seven duplex cottages. Monthly rents start at $1,800. Meeks + Partners designed the four-story building. Greystar launched the Everleigh by Greystar active adult brand in 2017 and now has locations in eight states.