NORTHBROOK, Ill. and SNELLVILLE, Ga. — Two Senior Lifestyle communities have undergone recapitalization. Senior Lifestyle was the original developer of the communities, which the company continues to operate on behalf of the current ownership.
The communities include North Shore Place in Northbrook, Illinois, and The Sheridan at Eastside in Snellville, Georgia.
North Shore Place was originally opened in 2014 with 156 units. Currently, the property comprises 188 assisted living and memory care residences.
The Sheridan at Eastside totals 214 units situated on a 15-acre campus. Opened in 2019, the community features independent living villas and apartments, as well as assisted living and memory care units.
“This transaction reflects the quality of these communities and our team’s ability to develop and operate at the highest level,” said Jon DeLuca, president and CEO of Senior Lifestyle, in a statement.