The Evergreen Real Estate Group awash the 101-unit architecture about a year afterwards it opened
Senior apartment abettor Pathway to Active paid $33.8 actor to buy the 101-unit assisted-living and anamnesis affliction ability it runs in northwest burghal Prospect Heights.
The Chicago-based Evergreen Real Estate Group awash the Grandbrier of Prospect Heights on Sept. 13, about 15 months afterwards aperture the architecture at 708 North Elmhurst Road, according to Cook County acreage records. Pathway to Active has been managing the ability back it opened.
On Thursday, Pathway to Active anchored a $26.6 actor mortgage on the acreage from Synovus Bank, annal show.
Grandbrier of Prospect Heights includes a three-story, 69-unit absolute and assisted active facility, as able-bodied as a single-story, 32-unit architecture for association with Alzheimer’s or added forms of dementia, according to a columnist absolution issued for the aperture aftermost year.
Pathway to Active manages 17 accessories about Illinois, as able-bodied as two in Wisconsin and one anniversary in Michigan and Minnesota.
The Prospect Heights activity is amid several contempo developments aimed at seniors. Artis Chief Active is now architecture a 136-unit ability in Chicago’s Lakeview neighborhood, and Ryan Companies has proposed 265 chief apartments in Portage Park’s Six Corners district.
A agent for Pathway to Active did not anon acknowledge to a appeal for comment.
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