Financing for the historic Bloomington High School closes! Congratulations are in order to both Iceberg Development (ID) and Pioneer Property Management, Inc. (PPMI)! On June 14th, Washington Senior Apartments financing closed. The financing for this project comes from several sources including the Illinois Housing Development Authority (IHDA), Wells Fargo Bank (WFB) and Two Rivers Bank […]
Loan Closing and Construction Start for Flax Meadow Townhomes Congratulations are in order to both Cottage Hill Development (CHD) and Turnstone Development (TD)! On June 27th, Flax Meadow Townhomes closed on financing. National Equity Fund (NEF) provided the LIHTC equity, the Illinois Housing Development Authority (IHDA) provided a construction to perm loan, and Bank of […]
Groundbreaking Ceremony at Anthony Place, Ottawa. Ottawa, IL – GC Housing Development LLC (GCHD), an affiliate of Crane Construction Company LLC, and Starved Rock Homes Development Corp. (SRHDC), the real estate development division of the Housing Authority of LaSalle County announce that construction has begun on Anthony Place Ottawa Senior Apartments, a four-story development at […]
July 2019 Lightengale Group (LGG) Celebrations include: Larry Pusateri’s Birthday – 07/09 Happy Birthday to You, Happy Birthday to You, Happy Birthday Larry, Happy Birthday to You! “To give somebody your time is the biggest gift you can give.” – Franka Potente. Thank you for all your hard work and dedication, all while helping serve […]
per Preservation of Affordable Housing – Chicago (POAH) Press Release: POAH significantly extended its footprint in the Chicago area this spring with the acquisition of nearly 700 affordable rental apartments in the City and two suburbs, bringing to close to 1,800 the number of units it has preserved or created in the area since establishing a presence […]
Groundbreaking Ceremony at Anthony Place, Prairie Centre. St. Charles, IL – GC Housing Development LLC (GCHD), an affiliate of Crane Construction Company LLC, and Fox River Affordable Housing Corp. (FRAHC), the real estate development division of the Housing Authority of Elgin announce that construction has begun on Anthony Place at Prairie Centre, a four-story development […]
New $15M living facility breaks ground in Ottawa. Construction commenced on Monday, May 22nd, at the project site: 727 Clinton Street. Andrew Block, co-president of Crane Construction Company, said they’re excited to bring one of their independent senior living facilities to the area. The near 72,000 square foot, four-story facility will offer 42 one-bedroom units […]
June 2019 Lightengale Group (LGG) Celebrations include: Work Anniversaries – Liz Reyes’ 3 year & Maggy Jares’ 12 year Birthdays – Laura Nading’s Here at LGG we love to share in the excitement with our staff that only birthdays and special milestones can bring us. Last week, on the First of June, Liz Reyes and […]
Anthony Place at Prairie Centre Deal Closes Congratulations are in order to GC Housing Development! On April 25th, their newest location for Anthony Place Senior Residence closed. This new development will be in St. Charles, Illinois. This is the second project Lightengale Group (LGG) closed with GC Housing Development, LLC. LGG previously worked with […]
Lightengale Group Attends the 2019 Community Neighborhood Development Awards. On May 9th, 2019 Lightengale Group (LGG) attended the 25th Annual Community Neighborhood Development Awards (CNDA). The CNDA’s were established in 1995, the Chicago Neighborhood Development Awards recognize the essential role that both nonprofit and for-profit developers play in building communities in Chicago-area neighborhoods. The Awards […]