The Clare, a high-priced senior living facility in Chicago’s tony Gold Coast, has been sold at a value that nearly doubles its purchase price amid a robust period of lending for senior housing as all baby boomers reach or approach retirement age.
Luxury Senior High-Rise Sale of The Clare in Downtown Chicago Nearly Doubles Its Value
Partnership Bought 53-Story Building That's Just a Block Off Michigan Avenue
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IN THIS ARTICLE
- Properties
- The Clare
55 Pearson St, Chicago, IL
- Companies
- LCS
Health Care and Social Assistance
- Fundamental Advisors LP
Finance and Insurance
- Senior Care Development, LLC
Real Estate