Senior Housing News, an Aging Media Network publication, has announced the winners of the 6th Annual Senior Housing News (SHN) Architecture & Design Awards, in which Greystone client, Oak Trace Senior Living Community in Downer’s Grove, IL, placed third in the category of Continuing Care Retirement Community (CCRC).

Oak Trace, a LifeSpace community, partnered with Greystone to manage the planning, finance, and redevelopment of their full-spectrum health center which was completed earlier this year. We are currently engaged in Phase 2, redeveloping over 160 independent living residences in what’s named The Preserve at Oak Trace, which blends “sophisticated comfort with contemporary elegance” consisting of 143 spacious new apartments and 20 Grand Villas apartments. Over 55% of these residences are pre-sold.

More than 100 communities across the country and globe submitted new construction and renovation projects, vying for top honors across nine categories: Affordable, Assisted Living, Continuing Care Retirement Community (CCRC), Hospice, Independent Living, International, Renovation / Repositioning, Skilled Nursing / Post-Acute Care and Standalone Memory Care.

“The 2019 SHN Architecture & Design Awards has surpassed our expectations,” said George Yedinak, founder of Senior Housing News. “It’s a privilege to showcase these projects from around the world. The owners, operators and developers continue to implement cutting-edge work from world-class architects, designers and engineers.”

About the SHN Architecture & Design Awards
The Senior Housing News Architecture & Design Awards recognize cutting-edge design, excellence and innovation in senior living. The annual awards contest celebrates unique projects and companies that are improving the lives of seniors through innovative design. For more information on this year’s winners and nominees, visit

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