Cabarrus Senior Living began construction in September of 2019 and is expected to be completed in Q4 of 2020. The lease up may be affected by limited marketing opportunities due to the COVID-19 pandemic’s impact on visitations and move-ins. The planned location for the facility is 5480 Harrisburg Industrial Park Drive in Harrisburg, North Carolina. Comprised of 35,000 square feet, the Cabarrus Senior Living will feature 66 beds, housed in 58 private and semi-private units serving both Assisted Living and Memory Care residents. Total capital expenditures for the construction and development of Cabarrus Senior Living is planned to account about $11.0 million. Construction duration of the Project is projected to span approximately 11 months from third quarter 2019 through August 2020. A total of $4.5 million in EB-5 funds were invested in the project.