$212M Sale, Financing Arranged by JLL for Seniors Housing in Lincolnwood

Chicago & Midwest CRE News In Your Inbox. Sign up for Connect emails to stay informed with CRE stories that are 150 words or less. JLL has arranged the $212.5 million sale and financing of The Carrington at Lincolnwood, a 383-unit full-continuum senior living community in Lincolnwood, Illinois. JLL’s National Seniors Housing Capital Markets team represented the seller, a partnership of LAMB Properties, Harbert South Bay Partners, and its capital partners in the sale of the asset to Senior Resource Group (SRG) and Nuveen Real Estate. JLL also worked on behalf of the buyer to arrange the five-year acquisition loan through a national bank. The transaction represents one of the largest single-asset senior living sales nationally in 2026 and marks SRG’s entry into the Chicago market. SRG will assume management responsibilities from Momentum Senior Living.

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