Sisters and Partners Transfer Ownership of Three Oaks Circle

The partnership of the Indian Council of the Elderly, Inc., the School Sisters of St. Francis, and the Sisters of St. Francis of Assisi on July 8 announced the transfer of Three Oaks Circle, Inc., and an adjacent 2.5-acre parcel of land to Housing Development Partners, Inc.

Three Oaks Circle is a 48-resident senior housing development providing a high-quality living environment for seniors with limited economic means. Housing Development Partners is a local, private, non-profit organization whose mission is to preserve affordable housing.

The development began in the 1990s as a vision by the Council to build a combined senior center with attached affordable housing to serve the needs of Milwaukee urban Indians and non-native seniors aged 62 and older.

The sponsors’ search for the right partner to sustain their legacy and commitment to affordable senior housing has been both thoughtful and strategic.

“Given Capri Communities’ involvement in building Three Oaks Circle from the beginning, and its relationship with Housing Development Partners, this was the most logical entity to transition to, keeping our original mission alive,” said Sister Kathy Chuston, our community’s sponsorship representative.

Read more about this transition here.