Construction Advances at Watercrest Macon Assisted Living and Memory Care

News provided by

Feb 26, 2021, 09:27 ET

VERO BEACH, Fla., Feb. 26, 2021 /PRNewswire/ -- Watercrest Senior Living Group and equity partners, Peninsula U.S. Real Estate, and Corecam Capital Partners are pleased to announce construction has steadily progressed at the site of Watercrest Macon Assisted Living and Memory Care in Macon, Georgia. EMJ Corporation has completed over 70% construction of the 98-unit, upscale senior living community and the building is scheduled to welcome residents in Summer 2021.

Watercrest Macon Assisted Living and Memory Care is currently under construction and on schedule to welcome residents this summer.

"We are thankful for our outstanding partnerships in the development of Watercrest Macon and thrilled to see the significant progress in construction of this beautiful community," says Marc Vorkapich, Principal and CEO of Watercrest Senior Living Group.

Watercrest Macon will feature 76 assisted living and 22 memory care residences with resort-style service, extraordinary care and premium accommodations. The comfortably, classy design includes a stunning promenade, fireplace, signature water wall, pool, salon and spa, cigar and scotch lounge, multiple dining venues, and Southern style outdoor living spaces.

Watercrest Macon is ideally located at 111 Providence Boulevard in the flourishing Providence at Bass development. The growing area offers high-end residential, plentiful retail and dining establishments, as well as diverse cultural and entertainment venues, all encompassed by the Southern charm of Macon. For community information, contact Watercrest Senior Living Group at 772-539-4560.

With multiple senior living projects in development throughout the southeast, Watercrest Senior Living Group is setting new standards of quality for seniors and their families in the development of upscale senior living communities. Watercrest Macon is one of two senior living development projects partnered between Watercrest, Corecam Capital Partners, and Peninsula Alternative Real Estate. Their second project, Watercrest Myrtle Beach Assisted Living and Memory Care is currently under construction in Myrtle Beach, SC.

About Corecam Capital Partners
Corecam Capital Partners is a Direct Investments Platform focused on Private Equity, Real Estate and Venture Capital. Corecam Capital Partners targets private investment opportunities alongside its investors and provides access to its proprietary deal sourcing. All investments are structured in-house by a team of investment professionals located in Zurich, Vienna, Singapore and Ho Chi Minh City.

About Peninsula U.S. Real Estate
Peninsula U.S. Real Estate is a leading private equity firm in the Student & Senior housing space and a vertical within Peninsula Investments Group. Peninsula U.S. provides equity and mezzanine financing to leading developer-operators in the student housing, senior housing, and multifamily space following institutional quality processes developed over the last decade.

About Watercrest Senior Living Group
Watercrest Senior Living Group was founded 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. A certified Great Place to Work, Watercrest specializes in the development and operations of assisted living and memory care communities and the growth of servant leaders. For information, visit www.watercrestseniorliving.com.

SOURCE Watercrest Senior Living Group