Illinois’ largest nonprofit retirement community filed for bankruptcy last week after failing to recover from the pandemic. Friendship Village of Schaumburg, an 815-unit complex at 350 West Schaumburg ...

Friendship, a Roanoke-area retirement community, announced Monday that it has acquired Richfield Living, a former competitor in the region, for $62 million. Friendship announced the acquisition Monday ...

Citing industrywide hardships from the COVID-19 pandemic, Friendship Village of Schaumburg - the largest continuing care retirement community in the state - has filed for Chapter 11 bankruptcy ...

Several companies sent letters of intent by Monday's deadline to bid on the purchase of Friendship Village of Schaumburg as part of Illinois' largest retirement community's bankruptcy protection ...

The fate of the financially troubled Friendship Village of Schaumburg retirement community is taking shape as a bankruptcy auction approaches. A potential buyer — a Delaware limited liability company ...

Friendship Retirement Community, home to approximately 1000 residents and employer of over 600 people, has announced several promotions. Here are the details from the community: The Board of Directors ...