Amara Place at Columbia
Wardman and its investors acquired Summers Landing, a 92-unit senior housing property in Columbia, SC, in December 2016, which was subsequently re-named Amara Place. Wardman's business plan includes spending $1.4 million in capital improvements, retaining Integral Senior Living as management company, improving on site services and staffing, and improving its marketing programs.
Harbor Lights Inn
Wardman and its investors acquired Harbor Lights Inn, a 37-unit limited service hotel in Islamorada, Florida in June 2017. Wardman's business plan includes spending over $3 million in capital improvements, retaining Aimbridge Hospitality as management company, and repositioning the hotel from 2-star to 3-star. Wardman anticipates starting renovations in Summer 2017, with an anticipated completion by January 2018.