San Jose senior community is bought by big Chicago real estate firm

SAN JOSE — A senior citizen assisted living center in San Jose has been bought by a big real estate firm from Chicago.

Oakmont of Silver Creek, a senior citizen residential care facility, has been bought for $50.8 million by an affiliate headed up by Chicago-based Harrison Street Real Estate, according to documents filed on Jan. 23 with the Santa Clara County Recorder’s Office.

The senior assisted living and memory care complex that Harrison Street bought is located at 3544 San Felipe Road in San Jose, county records show.

Harrison Street also obtained $65.3 million in financing from Huntington National Bank at the time of the property purchase, according to

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