Chicago Area Entrance Fee Retirement Communities Sell

  

TAMPA, FL -- CLW Health Care Services Group is pleased to announce the sale of Sedgebrook (top left photo) and Monarch Landing (bottom right photo), two Chicago area continuing care retirement communities with 963 total units.

CLW represented Sedgebrook, Inc. and Monarch Landing, Inc. in the sale. The buyer is an affiliate of Senior Care Development, LLC (www.SeniorCareDevelopment.com) and its capital partner Fundamental Advisors LP (www.FundamentalAdvisorsLP.com).

 SEDGEBROOK - LINCOLNSHIRE, ILLINOIS

• Type C (100% Refundable) Entrance Fee CCRC

• Built 2005-2009

• 601 units (IL/AL/SN)

• 849,265± square feet (excluding parking decks)

• 91± acres

MONARCH LANDING - NAPERVILLE, ILLINOIS

• Type C (100% Refundable) Entrance Fee CCRC

• Built 2006-2007

• 362 units (IL)

• 612,484± square feet (excluding parking decks)

• 78± acres

Contact: Allen McMurtry • 813.349.8349 • amcmurtry@clwrg.com