Inland Real Estate Acquisitions has announced that it negotiated and closed the purchase of Clarendale of Mokena, a 156-unit senior living community in Mokena, Ill., a southwest suburb of Chicago. Matthew Tice, senior vice president of Inland Acquisitions, with assistance from Brett Smith, vice president and associate counsel of The Inland Real Estate Group, Law Department, completed the transaction on behalf of an Inland affiliate. The community was acquired from a joint venture between LCS and Nuveen Real Estate.
Located at 21536 Wolf Road, Clarendale of Mokena is comprised of 60 independent living, 56 assisted living and 40 memory care units. The community also features a variety of social and lifestyle amenities including a first-floor bistro, an open-air pub, beautiful indoor gathering spaces, a dining room with fireplace, landscaped grounds and outdoor patio, a fitness studio, theater room and a full-service salon and spa. Clarendale of Mokena is conveniently located on
