COLUMBIA, S.C. — Watercrest Senior Living Group and Titan Development Real Estate Fund I have started construction of Watercrest Columbia Assisted Living and Memory Care, a 107-unit assisted living and memory care community in Columbia.
Shiel Sexton Co. will build the community, with plans to open in late Spring 2019.
Watercrest Columbia will feature 75 assisted living and 32 memory care apartments. LifeBUILT Architecture designed the property.
Titan Development Real Estate Fund I is a $200 million private equity real estate fund established in 2017. TDREF I's growing senior living portfolio now includes projects in New Mexico, Florida and South Carolina. Watercrest Columbia represents the first partnership between Titan and Watercrest.