CA Ventures, Pathway Open $28M, 96-Unit Community in Illinois

GRAYSLAKE, Ill. — CA Ventures LLC and Pathway Senior Living have opened Travanse Living at Grayslake, a 96-unit assisted living and memory care community in Grayslake, located approximately midway between Chicago and Milwaukee.

Development costs were estimated at $28 million. Chicago-based Worn Jerabek Wiltse Architects designed the community, which features 68 assisted living units and 28 memory care units.

Travanse Living at Grayslake is the second seniors housing development opened by Chicago-based CA Ventures, which started as a student housing developer before entering other sectors.

Pathway Senior Living, also based in Chicago, will operate the new community. The company currently operates 24 communities totaling more than 1,300 assisted living units and 600 senior apartments in Illinois, Kansas, Minnesota and Wisconsin.

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