JLL Arranges Trophy Seniors Housing Portfolio Sale

JLL Arranges Trophy Seniors Housing Portfolio Sale
News| July 7, 2026| Jasmine Kilman
Chicago & Midwest

JLL has completed the sale of a four-property seniors housing portfolio totaling 344 units in Chicago and Philadelphia submarkets.

JLL’s National Seniors Housing Capital Markets team represented the seller, a joint venture between Bain Capital and Capitol Seniors Housing. JLL’s National Seniors Housing Capital Markets team, representing the seller, was led by Senior Managing Directors Jay Wagner, Rick Swartz and Aaron Rosenzweig and Senior Director Jim Dooley.

The portfolio consists of two Philadelphia area properties – one in New Jersey and one in Pennsylvania – and two Chicagoland properties in the North Shore suburbs. All four properties were developed by Capitol Seniors Housing between 2019 and 2023 and offer assisted living and memory care in three-story communities.

The communities serve densely populated markets within the Chicago and Philadelphia MSAs, which are home to a significant base of senior residents.

Other News

JLL Arranges Financing for Lightstone Acquisition on Upper West Side

New York & Tri-State + Apartment Buildings

JLL Capital Markets arranged acquisition financing for Lightstone’s purchase of 323 W. 96th St., a 174-unit multifamily property on Manhattan’s Upper West Side. Senior managing director Peter Rotchford and managing director Michael Shmuely worked on behalf of Lightstone to secure the financing from MF1, a wholly owned subsidiary of Berkshire Residential Investments. Lightstone is acquiring...

Learn more

National City Investment Group Commences Workforce Housing Build

California & West + Apartment Buildings

The National City Investment Group, a locally owned, privately held real estate investment company, recently broke ground on Market View, a 120-unit multifamily residential community located at 303 Highland Ave. in National City. The development will transform an underutilized parking lot adjacent to Manolo Farmers Market, which has served National City for more than 33...

Learn more

Levin Johnston Closes Apartment Sale in One of San Jose’s Strongest Submarkets

California & West + Apartment Buildings

 Levin Johnston of Marcus & Millichap recently completed the sale of First Street Manor, a 39-unit apartment community in San Jose. Executive managing directors Adam Levin and Robert Johnston, along with senior director, investments Cole Simpson, represented the seller and procured the buyer in the $9.112-million transaction. The Levin Johnston team demonstrated the asset’s upside...

Learn more
New call-to-action

Brokers

View All

Lenders

View All

Management

View All
Login
or
Sign up