Funding Needed
$18 (Mio)
EB5 Funding
$18 (Mio)
EB-5 Investors
Investment Amount


Job Creation per Investor
Job Creation (Total)
Healthcare and Social Assistance
Services for the Elderly and Persons with Disabilities


village of West Dundee

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Viji Durga

Last Update: May 11, 2015 02:01 PM

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Silver Memory Care, Inc.

Project Description

Silver Memory Care, Inc. (“SMC”) has negotiated an option contract to construct its facility in the village of West Dundee, Illinois. SMC project is fully subscribed and the total project capitalization is $18 million. The estimated opening date is January 2016.

Community Amenities: 

  • – Units with multiple and spacious floor plans
  • – A number of out-patient services and retail opportunities
  • – Chef-prepared meals focusing on nutrition as well as presentation
  • – Lounges, sitting areas, and gathering spaces including a top floor “porch”
  • – Library spaces engage your intellect and curiosity
  • – Gardening areas to natural flora & fauna and intergenerational areas for children
  • – 24-hour licensed care staff

Project Highlights:

  • – Undergoing zoning and entitlement process in Village of West Dundee, Illinois
  • – Estimated total units: 95
  • – Total Project Capitalization: $18M
  • – Approximate square footage: 84,500
  • – Estimated opening: 2016
  • – New jobs expected to be created: 370+



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