The Reidsville Direct Project (The Landings of Rockingham) is the development, construction, and operation of a new Assisted Living and Independent Living Facility in Reidsville, North Carolina.
Comprised of 41,106 square feet, the Landings of Rockingham will feature 75 beds, comprised of both Independent and Assisted Living units, and will be the first Senior Living residence in the region to offer an Independent Living option. The facility will be of traditional design, constructed with the goal of providing an affordable community that caters directly to the middle-class demographic within the region. The Community will feature desirable amenities such as a salon, bistro, wellness center and activity rooms for residents to enjoy.
An equity investment of $2.0 Million from four (4) EB-5 direct investors was invested into the Project. Previous funding was separately obtained from six (6) Regional Center EB-5 investors. The new EB-5 direct proceeds were used to address construction cost overruns associated with the development and construction of the Project.
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