Categories for Wessex News
Charleston, SC – In 2012, Smith/Packett acquired a 96 bed skilled nursing facility located in Dunn, NC for the purpose of building a replacement facility in nearby Lillington, NC. When the replacement facility was complete, the staff and residents were... Read More
Charleston, SC – Wessex Capital Investments, a Charleston-based private equity firm, has completed the refinancing of The Chamberlin, a 133 unit independent living facility located in Hampton Roads, VA. The permanent loan was financed by Fannie Mae and underwritten by... Read More
Charleston, SC – Wessex Capital Investments recently closed on the construction loan for a new 181 unit independent living and assisted living facility with dedicated memory care wing in the high-growth Hampton Roads community of Chesapeake, VA. Named The Crossings... Read More
Charleston, SC – Smith/Packett Med-Com, LLC is building a new state of the art memory care facility in the master planned community called “Liberty Ridge”, with easy access to Liberty University and the major retail area of Lynchburg. Wessex Capital... Read More
Wessex is excited to announce the purchase of the Liberty Ridge IL/AL building by its tenant, Runk & Pratt. Liberty Ridge is a 173 unit building located in Lynchburg, Virginia offering independent, assisted living and memory care services. The superior... Read More
Charleston, SC – Wessex Capital Investments has successfully negotiated the sale of the Cross Creek building located in Floyd, VA. The building, acquired in 2004 with debt secured through a regional bank, was vacant and deteriorating in condition. Wessex recognized... Read More
Charleston, SC – The Crossings at Spring Hill Assisted Living will be a part of the gated active adult Spring Hill Community in Lorton, Virginia. The new assisted living facility will include 74 assisted living units along with a 34... Read More
Charleston, SC – Smith/Packett Med-Com, LLC is pleased to announce that their newest community will be located in the Charleston South Carolina market of West Ashley. The 184-unit project will include 91 independent living, 64 assisted living and 29 memory... Read More
Charleston, SC – Wessex Capital Investments has closed on the construction loan for a new 193 unit independent living facility and personal care home with dedicated memory care wing in the bustling suburb of Hampden Township near Harrisburg, PA. Named... Read More
Roanoke, VA – Wessex Capital Investments, LLC, a family-owned and Roanoke-based private equity firm, and RSF Partners, Inc. have completed the sale of a portfolio of senior housing assets to a publicly traded REIT. The total purchase price for the... Read More