Chicago developer plans senior living facility in Henrico
CA Ventures paid $3.75 million for parcel owned by Richmond's Temple Beth El synagogue.
A Chicago developer has purchased a 5.3-acre plot of land in Henrico County for $3.75 million from Temple Beth El synagogue in Richmond. The land will be developed into a senior living facility.
CA Ventures’ CA Senior Living division will be building a senior living facility, featuring assisted and independent living options and memory care, on the parcel at 601 N. Parham Road, a mile north of River Road.
David M. Smith, CCIM of Cushman & Wakefield | Thalhimer handled the sale negotiations on behalf of the purchaser.
Founded in 2004 as Campus Acquisitions, CA Ventures has divisions specializing in student housing, senior living, multifamily residential and office. CA Senior Living invests in and develops senior living communities across the United States.