High-rise commercial buildings

Sub Markets

Property Sectors

Topics

Chicago & Midwest CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Chicago & Midwest  + Greater Chicagoland  + Senior Housing  | 

80-Unit Seniors Housing Development Opens in Suburban Chicago

Leyden Senior Apartments, a new four-story independent senior living development in Franklin Park, recently opened. 

Located at 2506 N. Mannheim Road, Leyden Senior Apartments offers one- and two-bedroom residences. The adjacent newly constructed Carl Fiorito Senior Center will be available to the entire community. Owned by Leyden Apartments LP, Leyden Senior Apartments was designed by Weese Langley Klein Architects with accessible floor plans, energy-efficient appliances and on-site amenities.

Evergreen Real Estate Group served as developer for the apartments and the Senior Center and is handling leasing and property management for the community. F.H. Paschen managed construction from start to finish.

Funding partners include the Illinois Housing Development Authority, Bank of America, KeyBanc Capital Markets, Hudson Housing Capital, Leyden Township and the Cook County Department of Planning and Development. Mesirow Financial participated in the underwriting syndicate for the IHDA financing and served as lead underwriter for Leyden Township’s general obligation bond offering.

Connect

Inside The Story

EvergreenMesirow

About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.