Key Takeaways
- • Senior Resource Group (SRG) and Nuveen Real Estate acquired The Carrington at Lincolnwood, a 383-unit class A full-continuum senior living community in Lincolnwood, Ill., for $212.5 million.
- • The seller was a partnership of LAMB Properties, Harbert South Bay Partners and their capital partners.
- • The transaction is described as 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 of the property from Momentum Senior Living.
- • The 2018-built asset comprises 251 independent living units, 88 assisted living units and 44 secured memory care units.
Summary
Senior Resource Group (SRG) and Nuveen Real Estate have acquired The Carrington at Lincolnwood, a 383-unit class A full-continuum senior living community in Lincolnwood, Illinois, for $212.5 million, according to Institutional Real Estate, Inc. The seller was a partnership of LAMB Properties, Harbert South Bay Partners and their capital partners.
The transaction represents one of the largest single-asset senior living sales nationally in 2026, according to the report. It marks SRG's entry into the Chicago market. Under the new ownership, SRG will assume management responsibilities for the property from Momentum Senior Living.
Built in 2018, The Carrington at Lincolnwood consists of two interconnected four-story buildings. The community includes 251 independent living units, 88 assisted living units and 44 secured memory care units. Amenities include an indoor pool, movie theater, wellness gym, sports bar, game room with billiards, salon, café and bistro, libraries with computer stations, a creative arts studio, worship areas, indoor garage parking and a fenced-in dog park.
The transaction represents one of the largest single-asset senior living sales nationally in 2026, according to the report. It marks SRG's entry into the Chicago market. Under the new ownership, SRG will assume management responsibilities for the property from Momentum Senior Living.
Built in 2018, The Carrington at Lincolnwood consists of two interconnected four-story buildings. The community includes 251 independent living units, 88 assisted living units and 44 secured memory care units. Amenities include an indoor pool, movie theater, wellness gym, sports bar, game room with billiards, salon, café and bistro, libraries with computer stations, a creative arts studio, worship areas, indoor garage parking and a fenced-in dog park.
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