An investment bank has completed the $219,250,000 financing for new construction of The Farms at Bailey Station (The Farms), a Life Plan Community (LPC) in Collierville, Tenn. The Farms is a sister community of Kirby Pines Estates (Kirby) in Memphis, recently voted Best Retirement Community in Memphis and the Mid-South.
The Farms is designed to offer city and country living in a luxury setting. With customizable homes, a menu of amenities, and long-term care, The Farms are run by Retirement Communities of America (RCA). The Farms is 70% pre-sold. Rees Architects and Renaissance Group served as architects; Dalhoff Thomas design studio of Memphis assisted as landscape architect. Linkous served as general contractor.
