PEF Advisors Acquires Carroll Tower Senior Housing in St. Charles, Illinois

Preservation Equity Fund Advisors (PEF Advisors) has acquired the 108-unit Carroll Tower affordable senior housing complex in St. Charles, Illinois. The property is located about an hour west of Chicago and currently operates at 98.1% occupancy. PEF Advisors plans to invest in capital improvements to preserve its affordability for seniors.

By PEF Advisors · PR Newswire · July 14, 2026, 12:40 UTC

Topics: acquisition affordable housing private equity senior housing

Read the full article at PR Newswire

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