Wessex Capital Investments

Wessex Capital Investments is a real estate investment firm in Charleston, SC, located at 34 Broad Street, Suite 200. The firm is a private equity investor focused primarily on senior housing and commercial real estate, and it traces its roots to an indirect presence within Smith/Packett since 1982 before separating as a stand-alone entity in 2015. It brings more than three decades of experience sourcing value-add acquisitions and new construction projects. Since 2003 it has raised capital with investors across nine funds, and its current fund, RSF SP Holdings VII, LP, has received commitments that will provide for the construction of new projects. The firm's approach separates real estate from operations and maintains the relationship with the operating company through a triple-net lease, a structure intended to align interests and gain future value enhancement. Wessex develops both long-term hold and back-up exit strategies for each asset, and it manages and refinances debt to increase cash flow and decrease risk. Its post-investment focus covers financial covenants, operational performance, property management and tax minimization. Wessex Capital Investments is led by a management team with more than three decades of expertise in health care, real estate, structured finance, restructurings, and value-add asset management. James R. Smith is founder, Chairman and CEO, with over 30 years of experience in the development and operation of senior housing facilities. Rebecca Young serves as Chief Financial Officer and has worked with the firm in various roles since October 1997, with over 15 years of experience in the financing, acquisition and divesture of senior living facilities. Ben Adams is Chief Investment Officer, joining in August of 2023 after an 11-year real estate banking career and seven years at Sunrise Senior Living. The office sits on Broad Street in downtown Charleston, steps from the Broad Street Site of Domestic Slave Trade memorial and Shepheard's Tavern, and within about a tenth of a mile of the Corporation Counsel government office and The Old Slave Mart museum. Wessex Capital Investments pairs a long history in senior housing investment with a downtown Charleston base, managing a portfolio built one investment at a time across the Mid-Atlantic and Southeast.