Greystone arranged a $116 million bank refinance of Carrington at Lincolnwood, a large seniors housing community in the Lincolnwood suburb of Chicago. The community comprises a total of 383 units, split between 251 independent living units, 88 assisted living units and 44 memory care units. It was co-developed by South Bay Partners and Chicago’s Bluhm family. Greystone’s Cary Tremper and Matt Miller secured the refinancing for Dallas-based Harbert South Bay, the result of a December 2021 merger between Harbert Management Corp. and South Bay Partners.
