The Watermark at Napa Retirement Community
Watermark Retirement Communities, TFG and its development partner, Oppidan, are developing The Watermark at Napa Retirement Community in Napa, California. The Community will include Independent Living, Assisted Living and Memory Care. The development will feature 173 total apartments (181 beds) available for rent across many unique floor plans and sizes, including 73 Independent Living, 79 Assisted Living and 21 Memory Care (29 beds). As currently contemplated, the total construction costs are estimated to be $57M and the total project cost of about $66M. The project should break ground in early-2017.