Senior Housing Investments & Acquisitions: Mainstreet, LCS, BMA Management

BMA Management Tapped to Operate 2 New Ill. Communities BMA Management has been picked to operate two senior living communities currently being developed in Illinois. Both will serve low-income seniors through the state’s Supportive Living Facility program. Goldblatts Senior Living Community is being developed in the historic Goldblatts Department Store building in Chicago’s Back of […]

Senior Lifestyle Corp., Walton Street JV Sells Senior Property for $82 Million

A senior housing community in Lake Barrington, Ill. was recently sold by a joint venture between Chicago-based Senior Lifestyle Corp. and Walton Street Capital LLC to Health Care REIT (NYSE:HCN) in a $81.7 million transaction, according to Crain’s Chicago Business. Lake Barrington Woods is a 192-unit property that provides both independent and assisted living.  The […]

Health Care REIT Buys Va. Senior Living Community for $16.3 Million

Toledo, Ohio-based Health Care REIT (NYSE:HCN) recently acquired a retirement community in Spotsylvania County, Va. for $16.3 million, according to Chancelor’s Village offers assisted living and independent living and was previously owned by an entity of Chicago-based private equity real estate investment firm Walton Street Capital, according to local property records. The Walton Street […]

Seniors Housing Group Represents Sale of Two Rental Retirement Communities

CLW Senior Housing, a division of CLW Real Estate Services Group, recently represented affiliates of Walton Street Capital, L.L.C. and Senior Lifestyle Corporation in the sale of two rental retirement communities located in Pennsylvania and Wisconsin. The first retirement community, Bellingham/Park Lane, is located in West Chester, Pa., and has 208 independent living apartments, 50 […]