Ridge Care Receives $11.3M Construction Financing for Community in South Carolina

by Jeff Shaw

PAWLEYS ISLAND, S.C. — SunTrust Bank has provided $11.3 million in construction financing to Ridge Care Senior Living. The capital will be used to build Arbor Landing at Pawleys, an assisted living and memory care community in the coastal town of Pawleys Island.

The community features 60 assisted living units and 40 memory care units. A development timeline was not disclosed.

Ridge Care owns and operates 13 independent living, assisted living and memory care communities throughout North Carolina and West Virginia. The new development will mark the company’s first entry into South Carolina.

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