Charleston, SC – Wessex Capital Investments is pleased to announce the closing of debt and equity financings for The Crossings at Savannah. Wessex closed this project within their newest private equity fund that is committed for $100M in equity to develop $400M in total project costs. The Crossings at Savannah will be operated by Harmony Senior Services and will feature 191 units, 92 independent living units, 64 assisted living beds, and 35 memory care beds. The four story 199,297 square foot project has a total project cost of $37,204,703.
The Crossings at Savannah is strategically located near the Truman Parkway just minutes from historic downtown and the affluent community of Skidaway Island. The Facility will meet a growing need in Chatham County, Georgia by providing a senior living community that allows residents to age in place. The campus will also feature a walking path through 6 acres of dedicated green space, a grand entrance amongst the Spanish Oaks, BBQ areas, three courtyards including one dedicated for memory care. The interior amenities include a theater, beauty barber, pub, three dining rooms, activity spaces, art therapy space, physical therapy, exercise space, library and many other amenities.