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Chicago & Midwest  + Greater Chicagoland  |  August 17, 2020
Paul Bubny
By: Paul Bubny

Gardner Capital Completes First Chicago-Area Seniors Complex

Gardner Capital recently completed a senior living complex in in West Dundee, IL. Offering affordable housing, the 61 units at Spring Hill Senior Residences are designed for residents age 55 and up.

The Housing Authority of Elgin served as Gardner Capital’s development partner along with financial partners Fifth Third Bank and Raymond James. The Illinois Housing Development Authority is the permanent lender.

“We’re excited to complete Spring Hill Senior Residences, our first of multiple projects that will be focused on various suburban markets of the Chicagoland area,” said Michael Gardner, Gardner Capital’s president and CEO.

He added, “Affordable housing is sought after more than ever and we are proud of our commitment to developing more options for seniors seeking an affordable and well-designed place to live.”

The property is located across the street from the Spring Hill Mall in West Dundee and is convenient to Route 72 and public transportation.

For comments, questions or concerns, please contact Paul Bubny

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).
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