BMO’s Healthcare Real Estate Finance group announces that it acted as Sole Lender on a term loan refinancing for The Landings, a trophy 142-unit Independent Living, Assisted Living and Memory Care community located in the Chicago MSA. The Landings is managed and operated by Dial Senior Living. Dial and Harrison Street jointly developed the community which originally opened its doors in March of 2021.
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Harrison Street is ranked as the 4th largest senior housing owner by the American Senior Housing Association. Headquartered in Chicago, Harrison Street has approximately 290 employees and >$56B assets under management. Incorporating in 2005, the firm has invested across several healthcare sectors as well as student housing, student housing, self-storage, and social, utility, and digital infrastructure.
Founded in 1999, Dial has developed 2,372 Independent Living, Assisted Living and Memory care units. Dial currently manages 26 senior housing communities across 6 US states
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