News Release: Caddis to develop second Heartis senior living community in Wisconsin

The 104-unit, 98,660 square foot Heartis Village Brookfield in Brookfield, a suburb of Milwaukee, is a continuation of the firm’s expansion in the Midwest

Caddis is developing its second senior living community in Wisconsin: the 98,660 square foot, 104-unit Heartis Village Brookfield, about 13 miles west of Milwaukee. The new residence is expected to be completed by July 2019.

Caddis™, a national healthcare firm headquartered in Dallas, is continuing its expansion in the Midwest with the development of its second Heartis® senior living community in Wisconsin.

Heartis Village Brookfield, about 13 miles west of Milwaukee, will feature 104 spacious assisted living and memory care apartments and a wide variety of first class amenities. The 98,660 square foot community, which will be located at 16100 West Greenfield Ave., is expected to be completed in July 2019.

Caddis announced last fall that it would develop its first Heartis community in Wisconsin, in the North Shore area of Milwaukee. The firm also has been developing senior communities in Peoria, Ill., and Orland Park, Ill., near Chicago.

“We believe that our newest Heartis senior community will be a great addition to the thriving Milwaukee area,” says Caddis CEO Jason L. Signor. “Heartis Village Brookfield will offer residents the highest quality amenities; assistance from experienced, caring staff; and beautiful aesthetics, all in an environment where they feel at home and can truly prosper and enjoy life.”

Katie Kleinsmith, Caddis Senior Vice President of Senior Living, notes, “For every new Heartis residence, we conduct a great deal of research to find the ideal location. The North Shore area is flourishing; it’s close to major transportation such as Interstates 94 and 43; conveniently located near the larger city of Milwaukee; and near major shopping centers, hospitals, open spaces and beautiful residential areas. It’s a warm, welcoming community where the new Heartis senior residence will fit right in.”

Jud Jacobs, Caddis Executive Vice President of Development and Partner, says the new Brookfield senior living community will provide even more benefits for local residents. “Caddis is donating a 2.9-acre parcel of land from the original 9.7-acre site to the City of Brookfield, which plans to use the parcel to create a new public park,” says Mr. Jacobs. “This is a win-win for everyone.”

Heartis Village Brookfield will offer a host of high-quality amenities, including large, secured courtyards; beautifully landscaped grounds and gardens with walking paths; relaxing common areas; activity rooms; bar area; libraries; media room; fitness center; salon; dining room serving chef-prepared, home-cooked meals; and regularly scheduled social and recreational activities. Special services will include nurse-supervised staff; 24-hour emergency call system; housekeeping and laundry services; and assistance with personal activities.

The new community will be managed by Pathway to Living, a Chicago-based company that operates senior living communities in Wisconsin, Illinois, Kansas and Minnesota. The architect for the project is Austin, Texas-based Katus, and the general contractor is Stevens Construction Corp., which is headquartered in Bloomington, Minn.

About Heartis

Caddis, a national healthcare real estate firm based in Dallas, launched the Heartis® senior living brand in early 2013 to reflect its mission of helping seniors live life to the fullest. In addition to Heartis Village Brookfield and Heartis Village North Shore in Wisconsin, Caddis is currently developing or has opened Heartis communities in Suwanee and Fayetteville, Ga.; Orland Park and Peoria, Ill.; and in the Texas cities of Arlington, Bedford, Conroe, Fort Worth, Cleburne, Clear Lake, Cypress, Amarillo, Longview, Waco and San Antonio. Heartis communities provide high-quality, high-value services, programming and amenities; on-site personalized support; and inviting, caring home-like environments. For more information, please visit www.Heartis.com.

About Caddis

Caddis™ Partners, LLC is a national real estate development, management and investment firm focused exclusively on healthcare real estate. The firm is comprised of experienced real estate professionals across various disciplines that provide clients with expertise in development, acquisition, financing, construction management, leasing, tenant representation, property management and accounting. Since its inception, Caddis™ has developed or acquired over three million square feet of medical assets valued in excess of $1 billion. In its annual Construction and Design Survey, Modern Healthcare magazine recognized Caddis as the 9th largest healthcare development company in the United States. For more information about Caddis, please visit www.Caddis.com.

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