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North Carolina Senior Living Project

MAX:11.482 million
Time:From October of 2017 through September of 2018
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The planned location for Cabarrus Senior Living is 5480 Harrisburg Industrial Park Drive in Harrisburg, North Carolina. Comprised of 35,000 square feet, the Cabarrus Senior Living will feature 66 beds, housed in 58 private and semi-private units serving both Assisted Living and Memory Care residents. Total capital expenditures for the construction and development of Cabarrus Senior Living amount to approximately $11.482 million. Construction duration of the Project is projected to span approximately 11 months from October of 2017 through September of 2018. Up to $5.5 million in EB-5 funds are planned to be invested in the project.

Past projects:

Harbour Island Apartments


Le Meridien Tampa

Osprey Lodge at Lakeview Crest


• Target disinterested sellers and lenders and markets with high barriers-to-competition • Determine the demand for any missing products within the market • Acquire at a discount to the competitive set • Redevelop the real estate into its highest and best use • Add value through entitlements and assemblage • Mitigate risk through phasing, pre-selling, pre-leasing and re-tenanting