Watercrest Fredericksburg Assisted Living and Memory Care Prepares for Grand Opening

VERO BEACH, Fla., March 6, 2026 /PRNewswire/ -- Watercrest Senior Living Group and partners, Harbert Seniors Housing Fund II, LP and Centric Development are pleased to announce the completed construction of Watercrest Fredericksburg Assisted Living and Memory Care in Fredericksburg, Va. The 142-unit luxury senior living community received certificate of occupancy last week and will welcome residents to their new home in early April.

Watercrest Fredericksburg offers 106 assisted living and 36 memory care apartments with resort-style service and world-class care. The architecture and design boast a stunning promenade, fireplace lounge, multiple dining options, theater, library, billiards, spacious courtyards with fountains and Watercrest's premier Spa W. For a virtual tour of this spectacular community, visit Watercrest Fredericksburg on YouTube.

"We celebrate the partnerships that contributed to the completion of this stunning community and the opportunity to expand our delivery of Watercrest's Signature care, service, and luxury amenities to seniors and their families," says Marc Vorkapich, Principal and CEO of Watercrest Senior Living Group. "We are overjoyed to open our doors and begin welcoming seniors to their beautiful new home at Watercrest Fredericksburg."

By seamlessly integrating personalized assisted living and expert Alzheimer's care, Watercrest ensures that every resident will enjoy a life rich in comfort, connection, and purpose—all while experiencing the very best of Fredericksburg.

Watercrest principals, Marc Vorkapich, CEO and Joan Williams, CFO, are setting exceptional standards of quality for seniors and their families in the development of upscale senior living communities across the southeast. Watercrest and Harbert Seniors Housing Fund II also developed Watercrest Richmond Assisted Living and Memory Care which opened in May 2023 in Richmond, Virginia.

Watercrest Fredericksburg is conveniently located at 4525 Spotsylvania Parkway across from the Spotsylvania Regional Medical Center. The surrounding area boasts historical sites, hiking trails, art galleries, specialty retail shops and charming chef-owned restaurants and craft breweries. For community information, contact Watercrest Fredericksburg at 540-274-1953.

About Watercrest Senior Living GroupWatercrest Senior Living Group was founded to honor our mothers and fathers, aspiring to become a beacon for quality in senior living by surpassing standards of care, service and associate training. Watercrest senior living communities are recognized for their luxury aesthetic, exceptional amenities, world-class care, and innovative memory care programming offering unparalleled service to seniors living with Alzheimer's and dementia. An eight-time certified Great Place to Work, Watercrest specializes in the development and operations of assisted living and memory care communities and the growth of servant leaders. Visit www.watercrestseniorliving.com.

About Harbert Management CorporationHMC is an investment management firm focusing on alternative assets, with approximately $8.2 billion in Regulatory Assets under Management as of September 30, 2024. A privately owned firm founded in 1993, HMC serves foundations, endowments, fund of funds, pension funds, financial institutions, insurance companies, family offices, and high net worth individuals across multiple asset classes. For additional information about HMC, visit www.harbert.net.

About Centric DevelopmentCentric Development is a multistate real estate developer and general contractor with a proven track record of over 150 completed projects. Led by seasoned principals with experience in public and private real estate transactions, Centric Development leverages its expertise to deliver high quality, timely and value driven results.

For additional information about Centric, visit https://www.centricdevelopment.com/

SOURCE Watercrest Senior Living Group