SLIB Brokers Sale of 188-Unit Community Near Chicago

by Jeff Shaw

CHICAGO — Senior Living Investment Brokerage has arranged the sale of a 188-unit independent living, assisted living and memory care community in a southern submarket of Chicago.

The seller was a Midwest-based institutional capital provider. The buyer was a Midwest-based owner-operator looking to strategically expand its existing footprint throughout the Midwest. Further details were not disclosed.

Brad Clousing, Daniel Geraghty, and Ryan Saul led the transaction for SLIB.

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