Chicago-based Evergreen Real Estate Group today announced it has broken ground on three affordable assisted living communities in Ohio, located near Dayton and Columbus.
Construction is now underway on Green Oaks of Fairborn, located at 2124 Exchange Court in Fairborn, approximately 15 miles east of downtown Dayton. Work has also begun on Green Oaks of Grove City, at 3000 Holt Road in Grove City, which is about 10 miles south of Columbus, and Green Oaks of Walnut Creek, located at 4000 Westerville Road in Columbus. The three new Green Oaks developments were designed by Chicago-based WJW Architects, and the general contractor for the projects is The Douglas Company, based in Holland.
Each comprises a three- or four-story, 120-unit building with 67 studio and 53 one-bedroom apartments for seniors across a range of income levels. Gardant Management Solutions will operate the communities, each of which will be licensed as a residential care facility.
Independence in West Sacramento, a new gated community of 208 townhome-style rental homes developed by Lewis Apartments, opened its leasing office and model homes to the public on Saturday, Oct. 24. Located in West Sacramento’s Southport/Bridgeway Island area, Independence introduces rental homes designed for residents who want the space and privacy of a single-family home...
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CBRE announced the sale of a 4.66-acre parcel at the northwest corner of County Highway MM and U.S. Highway 14 in Fitchburg, Wisconsin. Louisville, Kentucky-based Trilogy Real Estate Fitchburg LLC purchased the property from Fairchild Development LLC for $2.23 million, marking the company’s third location in the Madison market and expanding its footprint beyond its...
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Northmarq has arranged $95.8 million in refinancing for a six-property, 1,461-unit multifamily portfolio owned and operated by E&S Ring across Los Angeles and San Bernardino Counties. The financing was arranged through Voya Investment Management by Northmarq’s San Francisco Debt + Equity team, led by managing director Nathan Prouty, SVP Andrew Slaton Aand senior investment anaylst...
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