Grandbridge Facilitates $9.5M Construction Loan for 59-Unit Community in Charleston

CHARLESTON, S.C. — Grandbridge Real Estate Capital’s Seniors Housing and Healthcare Finance team has arranged a $9.5 million construction loan for Benton House of West Ashley, a 59-unit seniors housing community in Charleston.

Benton House communities offer assisted living and memory care services throughout Florida, Georgia, Kansas, Missouri and South Carolina.

BB&T, Grandbridge’s parent company, will provide the capital on the loan.

Grandbridge is a lender based in Charlotte, N.C.