CHAMPAIGN — Inman Place, a senior independent living community in downtown Champaign, is under new ownership.
No changes are expected as a result of the sale, according to Inman Place manager Carolyn Crawford.
The bank that owned Inman Place transferred the ownership to a new corporate entity, Crawford said.
Inman Place was sold March 29 for $2.95 million to the new Evanston-based Champaign Atied LLC, doing business as Inman Place Senior Living, according to county and state records.
The seller was Lincolnwood-based East University LLC, a corporation managed by Brickyard Bank, also of Lincolnwood.
Brickyard Bank became the mortgagee in possession of the Inman property in 2010 after filing a foreclosure complaint against the previous owners.
The bank's parent organization, Brickyard Bancorp, is owned by members of the Rothner family, also part-owners of three nursing homes in Champaign-Urbana.
Rothner family members recently bought shares of the former Champaign County Nursing Home, now University Rehab Center; the former Helia Healthcare of Champaign, now Champaign Rehab Center; and the former Heartland of Champaign, renamed Champaign Living Center.
The corporate addresses for those three nursing homes are all the same Evanston address listed for other Rothner businesses and for Champaign Atied LLC.
Inman Place, at 17 E. University Ave., is one of downtown Champaign's historic buildings.
A former hotel, it was built in 1915 and is listed on the National Register of Historic Places.
Inman Place has 60 studio, one-bedroom and two-bedroom apartments for older adults. Meals, housekeeping, laundry and shuttle bus services are provided for residents.
Inman Place currently has 30 fewer apartments than it had a decade ago. Crawford said the second-through-sixth floors were gutted in a 2011 remodeling, and the apartments were enlarged as part of that project.