FORT MILL, SC – Watercrest Senior Living Group and equity partner, Waypoint Residential are pleased to announce the final phase of construction of Watercrest Fort Mill – Indian Land Helped Living and Memory Care in South Carolina. The 107-unit, resort-style senior living community is currently under construction by Shiel Sexton and scheduled to welcome residents this May.
Watercrest Fort Mill – Indian Land will offer 75 helped living and 32 memory care apartments with premium accommodations, resort-style amenities, and world-class care. Residents will delight in pampering in elegant Spa W, savor private mark Watercrest wines at the wine bistro, and relish the flavors of locally grown, seasonal ingredients and organic fare whether dining outdoors, bistro-style, or in the chef’s private dining room.
The innovative design of the community includes a stunning promenade, pool, fireplace, signature water wall, multiple dining venues, and children’s play space. Watercrest’s uniquely designed Market Street Residence will showcase an ‘outdoor’ streetscape with salon and spa, bakery, post office, and numerous LifeBUILT programming touches; a highlight and crucial element of their multi-sensory memory care programming.
“We look forward to serving local seniors and families of Indian Land and Fort Mill by providing a spectacular senior living community which mirrors the charm and amenities they are accustomed to,” says Marc Vorkapich, principal and CEO of Watercrest Senior Living Group. “Thanks to the outstanding partnership of Waypoint Residential and Shiel Sexton, we are even closer to welcoming our founding residents to their new home.”
Watercrest Senior Living Group was founded by Marc Vorkapich, CEO, and Joan Williams, CFO, to honor our mothers and fathers, aspiring to become a beacon for quality in senior living by surpassing standards of care, service and associate training. Watercrest senior living communities are recognized for their luxury aesthetic, exceptional amenities, world-class care, and innovative memory care programming offering unparalleled service to seniors living with Alzheimer’s and dementia.
Watercrest Fort Mill – Indian Land is ideally situated at 8154 English Clover Lane, in one of South Carolina’s fastest growing communities. It is the second senior living development project partnered between Watercrest Senior Living Group and Waypoint Residential. Their first project, Watercrest Newnan Helped Living and Memory Care recently opened in Newnan, Georgia.
The community sales office is located at 4184 Doby’s Bridge Road, Suite 102, across from Indian Land Elementary School. Visit the office from 9am-5pm, Monday through Friday or contact Executive Director, Joy Patterson at 803-590-7005, for more information.

Powered by WPeMatico

LAS VEGAS, NV – San Diego-based Tower 16 Capital Partners has successfully sold Altura on Duneville, a 228-unit apartment project located in Las Vegas. The property was originally bought in 2018 for $24,000,000 and was sold this month for $35,500,000. During their two-year hold, the company performed significant exterior and interior unit renovations, adding several amenities including a new leasing office, gym, business center and game room.
“Altura on Duneville was a phenomenal project in a fantastic location in Las Vegas,” said Tower 16 Co-Founder Mike Farley, “We place a lot of hard work into repositioning the property in order to make value for the residents, the neighborhood and our investors.”
Tower 16 has amassed a portfolio of close to 2,000 apartment units since first entering the Las Vegas market in April 2018. “We believe that Las Vegas will continue to be a strong market for multifamily investments due to the growing job base and reasonable cost of living,” said Tower 16 Co-Founder Tyler Pruett. “I reckon you’ll see us continue to be an active buyer in the market for those reasons.”
Altura on Duneville Apartments is located at 5050 Duneville Street, within a few miles of the Las Vegas Strip in the Spring Valley submarket. It includes 228 one- and two- bedroom apartments. Community amenities include two swimming pools, a newly renovated leasing office and on-site daycare.

Powered by WPeMatico

CHATTANOOGA, TN – Francisco-based real estate investment firm Hamilton Zanze (HZ) bought the 283-unit Bluebird Row Apartments in Chattanooga, TN on March 4th. The buy marks the firm’s fourth acquisition of the year and their sixth property in Tennessee.
The community, newly built in 2019, is located two hours between Nashville and Atlanta and is situated at the junction of several states, with direct access to Interstates 75 and 24. The community offers a mix of luxury studio, one-, two-, and three-bedroom units averaging 935 square feet in size, with desirable amenities including smart home technology.
“Bluebird Row offered an attractive opportunity to buy a brand-new property in Chattanooga. The property features a robust amenity package, prime location in Downtown Chattanooga, and offers residents a high quality of life provided by the city’s energetic urban core,” said David Nelson, Hamilton Zanze’s managing director of acquisitions. “As this is our first acquisition in the Chattanooga metro and sixth in the state of Tennessee within the last 12 months, we are excited about our continued investment in Tennessee.”
High-end community amenities include a resort-style swimming pool, rooftop lounge, 24-hour self-serve market, outdoor grilling stations, rock climbing wall, bocce ball court, pet spa, and a yoga/spin studio. Property management responsibilities have been transferred to affiliated company Mission Rock Residential.
Bluebird Row is located in Downtown Chattanooga, the second-fastest growing city in Tennessee and the hub of a thriving economic region given its location at the juncture of Alabama, Georgia, and Tennessee. In November 2019, Volkswagen started the $800 million expansion of their Chattanooga plant, making 1,000 additional jobs in the region. Other notable area employers include Erlanger Healthy System, BlueCross BlueShield of Tennessee, Tennessee Valley Authority, McKee Foods Corporation, and Amazon.

Powered by WPeMatico