Berkadia, a distinguished leader in the commercial real estate sector, announces the sale and financing of The Sheridan of Green Oaks, a Class-A, 198-unit independent living, assisted living, and memory care community in Lake Bluff, Illinois. Built in 2016, the community is located in the Chicago region’s affluent northern suburbs, approximately 35 miles north of downtown and attracted institutional investor interest through a competitive marketing process. A team from Berkadia Seniors Housing & Healthcare closed the sale transaction on behalf of AEW Capital Management, a Boston-based real estate investment firm.
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Source: https://yieldpro.com/2026/03/berkadia-announces-senior-living-sale-in-chicago-msa/