What is Arboria?
Arboria, developed by Arboria of Long Grove LLC, is a senior living community project. The development involved Arboria of Long Grove LLC, owned by Long Grove Senior Care LLC, and T2 Long Grove I, LLC. The architectural design was handled by Gleason Architects PC, with William A. Randolph, Inc. serving as the general contractor. Arboria provided employment for over 200 residents during its three-year development and is set to create more than 60 ongoing operational jobs, indicating a substantial community impact and a mature phase of its business lifecycle.
How much funding has Arboria raised?
Arboria has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
Key Investors in Arboria
PPP
Public-Private Partnership
What's next for Arboria?
The substantial late-stage funding and strategic investment signal Arboria's readiness for significant expansion or operational scaling. This capital infusion is likely earmarked for enhancing community amenities, expanding service offerings, or potentially acquiring new development sites. The company's focus on job creation and community development suggests a strategy centered on sustainable growth and market leadership in the senior care industry.
See full Arboria company page