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The Villages At Muirfield
Durham, NC
The Villages At Muirfield
muirfield The VAM Pro Forma.pdf
muirfieldRLA - Pro Forma - VAM.pdf
The Villages at Muirfield (VAM), is a proposed, approved, independent living community with clubhouse two miles north of I-85 in Durham, NC.
VAM Limited Partnership is a newly formed entity set to purchase and develope this community. All partners are vested, local participants in the success of VAM.
Partners:
Bennie Glenn – Realtor, Developer. Native of Durham with thirty-two years experience in the Real Estate and development business.
David Ammons – CEO of RLA (Retirement Living Associates). More than twenty years of experience in senior management. RLA is presently managing three facilities.
Phil Mitchell and Carter Lewis, Owners, ShanChar Properties, Inc. Phil is president of O.C. Mitchell, Inc., general contractors in Durham since 1946. They have sixty-eight experienced construction members well equipped to complete a quality project in an expeditious manner.
Danny Talbert, Owner, Talbert Lumber Company, is a major, well established construction materials supplier in North Carolina.
Jimmy, Portia and Carter Lewis, Owners, Jimmy Lewis and Sons Grading and Septic Tank, Inc. bring decades of experience in the infrastructure business.
Supply, demand and demographics point heavily toward a great need for this facility.
Timing for The Villages at Muirfield is excellent for Durham, the lender and the partners.
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