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Tutera Acquires 75-Unit Seniors Housing Community in Suburban Chicago, Plans Reopening

Summary by REBusinessOnline
MATTESON, ILL. — Tutera Senior Living & Health Care has acquired a 75-unit seniors housing community in Matteson, about 30 miles south of Chicago, for an undisclosed price. Built in 2021 for $21 million, the property formerly operated under the name Alexi Senior Living before closing in 2022. Tutera plans to make improvements to the community and reopen it as Ridgeland Senior Living this spring. Situated on 5.5 acres, the 81,589-square-foot deve…
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REBusinessOnline broke the news in on Friday, February 21, 2025.
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