BALTIMORE–(BUSINESS WIRE)–A joint venture organized by Alex. Brown Realty, Inc. (ABR), Wakefield Capital and Affinity Living Group has announced development plans for a 120,000 sf senior housing facility on James Island in Charleston, South Carolina. The Class A facility is scheduled for completion in June 2018. ABR Chesapeake Fund V, a real estate fund sponsored by ABR, invested approximately $10.1 million in the venture. Financing for the project is being provided by BBVA Compass.
“We look forward to working with them to create a successful investment for our partners.”
Designed as a best-in-class community, Indigo Hall will offer 116 assisted living units and 40 memory care units as well as first-class amenities and abundant community spaces...Read More