Towne Club Peachtree City (Georgia)
WRC recently sold Towne Club Peachtree City 119-unit Independent Living and 34-unit Assisted Living, development located in Peachtree City, GA. WRC purchased the note for $11, 250,000 and invested approximately $5 million in Feb 2011. The project was initially 145 Independent units, the business plan was to convert 33 IL units to 41 AL units. WRC retained CRSA/LCS as manager and sold the project for $33 million in December 2013.
WRC is financing and acting as construction consultant for the following projects:
St Augustine, FL
40-unit Assisted Living and a 100-unit Independent Living project to be developed in St. Augustine, FL. The project also includes 283 single family houses to be developed as market conditions permit.
90-unit Assisted Living and 52-unit Independent Living project to be developed in Cummings, GA.
Lake Geneva, WI
110-unit Independent Living and 38-unit Assisted Living project to be developed on a site overlooking Lake Como in Lake Geneva, WI.
127 unit Assisted Living Project being built on land adjacent to the Chabad at Inverrary in Lauderhill, Fl
104-unit Assisted Living, Memory Care and Acute Care Towne Club Charleston at Radcliffe to be developed in Charleston, SC.
116 Unit Assisted Living project in Sebastian Florida
Griffin (Atlanta), GA
103 Unit Assisted Living and memory care project directly across the street from the Griffin First Assembly of God church in Griffin, Ga (Atlanta Metropolitan Statistical area