Partners
850 Investors LLC is a private investment venture comprised of two members: Integrated Investors 850 LLC and the National Electrical Benefit Fund. This investment venture includes the senior living developer and owner of 850 Lake Shore Drive, who will be the party financially responsible for providing services to residents of the retirement community and refunding entrance fees.
 | IDGIntegrated Investors 850 LLC principals include members of Integrated Development Group LLC (IDG; www.idg-llc.com), a Chicago-based real estate development firm that specializes in senior living. Prior to founding Integrated Development Group in 2006, Matthew K. Phillips, president, was a senior executive with Classic Residence by Hyatt where he had responsibility for $1+ billion of senior living development projects. |
 | NEBFThe National Electrical Benefit Fund (NEBF; www.nebfrealestate.com) is a $10+ billion pension fund. Founded in 1946, NEBF was created by the International Brotherhood of Electrical Workers and the National Electrical Contractors Association, forming a sound retirement plan to ensure the financial security of workers in the electrical industry across the United States. NEBF ranks as the third largest Taft-Hartley pension fund in the United States. Real estate is a key component of NEBF’s investment program. NEBF is an active investor in senior living development, with projects in New York, Chicago, Virginia Beach, Rhode Island and Emeryville, CA. |
 | GEMSGarlands Exceptional Management Services (GEMS)—also an affiliate of 850 Investors LLC—is an experienced property management company specializing in luxury senior living communities. GEMS currently operates The Garlands of Barrington (www.thegarlands.com) and is providing pre-opening operations at 850 Lake Shore Drive and The Club at Briarcliff Manor (www.theclubbcm.com), a luxury Continuing Care Retirement Community in Briarcliff Manor, NY, being developed by an affiliate of 850 Investors LLC. |
