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CHARLESTON, S.C. — Cushman & Wakefield Senior Housing Capital Markets has arranged $37.1 million in financing of Wellmore of Daniel Island, an assisted living, memory care and skilled nursing community in Charleston.
Wellmore of Daniel Island is a 186-unit, 198-bed community that opened in 2018. It is located within the Daniel Island area, near downtown Charleston and overlooking the Daniel Island Club Beresford Creek golf course.
The borrower is an affiliate of Maxwell Group. The lender is Truist Financial.
The Cushman & Wakefield team involved in the transaction included Richard Swartz, Tim Hosmer and Chris Remeika.