JLL Arranges $112 Million Acquisition Loan For 330-Unit Senior Housing Portfolio In Illinois

The transaction involved a senior housing portfolio comprising 330 units located at 21840 Lake Cook Road and 2450 Fabyan Parkway in Deer Park and Batavia, IL. The acquisition financing amounted to $112 million, arranged specifically for The Inland Real Estate Group’s properties. The portfolio includes various services such as independent living, assisted living, and memory care, thereby catering to the needs of seniors. Dial Senior Living is set to retain management over these communities, which marks a significant investment pushing Inland’s senior living acquisitions beyond $1 billion.

Summary of transaction details:

• Property Type: Senior Housing
• Transaction Amount: $112,000,000
• Units: 330
• Address: 21840 Lake Cook Road; 2450 Fabyan Parkway
• Market: Deer Park & Batavia, IL
• Broker: Samuel Dylag - JLL
• Loan Type: Acquisition

This transaction highlights the role of Samuel Dylag representing JLL Capital Markets, who facilitated the financing arrangement for Inland Real Estate Group. The deal is indicative of JLL's active involvement in the senior housing sector and underscores the strategic management decisions made by Dial Senior Living in overseeing the properties involved.