Charleston, SC – Wessex Capital Investments is pleased to announce the acquisition of a senior housing community located in Hanover, Virginia. The purchase represents a continued expansion of Wessex Capital’s senior housing platform and reinforces the firm’s focus on acquiring high-quality assets in attractive, growth-oriented markets. The acquisition aligns with Wessex Capital’s strategy of identifying opportunities where disciplined underwriting, hands-on asset management, and thoughtful capital structuring can support long-term operational stability and value creation. Wessex Capital intends to continue operating the community with a focus on resident care, prudent expense management, and sustainable cash flow generation. This transaction reflects Wessex Capital’s continued commitment to building and managing a diversified portfolio of private-pay senior housing communities and investing across all phases of the asset lifecycle.
The Hanover community is a 138 unit senior housing property designed to serve the needs of the local senior population through a supportive residential environment. The community offers a range of care services tailored to residents, along with amenities that promote comfort, engagement, and quality of life. Its location within the greater Richmond metropolitan area provides access to healthcare services, retail amenities, and a strong regional labor base. The building is located on a campus with an existing Wessex building offering 106 assisted living and memory care units.
