Gem Realty Capital Receives Acquisition Financing For 142-unit Community Near Charleston
SUMMERVILLE, S.C. — GEM Realty Capital has received financing for the acquisition of The Claiborne at Brickyard Crossing, a senior living community located in Summerville, roughly 25 miles northwest of Charleston.
Taylor Mokris and Ryan Stoll of BWE arranged the financing on behalf of the borrower.
Opened in 2022, The Claiborne at Brickyard Crossing totals 142 units, with assisted living and memory care residences. According to BWE, the community was stabilized within 12 months of its opening.
“There is a meaningful and growing appetite among lenders for the best seniors housing has to offer — across sponsorship, asset and market, and this transaction is a reflection of that,” says Mokris.
Founded in 1994, GEM Realty Capital is a real estate investment firm with roughly $6 million in assets under management.
The post GEM Realty Capital Receives Acquisition Financing for 142-Unit Community Near Charleston appeared first on Seniors Housing Business.
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