BOSTON, MA (SEPTEMBER 20, 2019) — Blue Moon Capital Partners LP (“Blue Moon”) and Senior Lifestyles Corporation® announced their formation of a joint venture for the development of a 127 independent living apartment homes, 59 assisted living apartment homes and 14 memory care residences developed specifically to support those with Alzheimer’s, dementia and other memory-impairing illnesses. Construction to be completed in 2021.
The Sheridan at Oak Brook community will be the only dedicated, purposefully designed independent living, assisted living and memory care community in Oak Brook and will include top-tier amenities; an open-concept design, dining and living rooms, spacious apartments, a bar and bistro with a pizza oven, an on-site theater, game rooms, walking paths and a memory garden.
ABOUT BLUE MOON CAPITAL PARTNERS
Headquartered in Boston, Massachusetts, Blue Moon focuses exclusively on the senior housing sector. Blue Moon’s team has a combined 60 years of experience in senior housing finance and operations.
About Senior Lifestyles Corporation
Senior Lifestyles Corporation, based in Chicago, Illinois, founded in 1985, is a privately held, owner-operator and developer of seniors housing communities. With a portfolio of more than 190 communities located throughout 27 states, Senior Lifestyle offers independent living, assisted living, memory care and skilled nursing for the luxury, moderate and affordable segments. Senior Lifestyle has been routinely recognized as a leader in the delivery of innovative programs and hospitality services for all levels of care.