SHEBOYGAN, Wis. — Nuveen Green Capital has provided $10.6 million in C-PACE financing for the construction of a new senior living development in Sheboygan. North Town Partners is the borrower.
Upon completion, the property — Charter Senior Living Sheboygan — will total 182 independent, assisted living and memory care units within a 191,000-square-foot building.
Charter Senior Living Sheboygan is being developed jointly by DMK Development Group, North Town Partners and Charter Senior Living. The project’s total cost is $55 million.
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