What is Centric Development?
Centric Development operates as a vertically integrated entity encompassing ownership, operation, development, and general contracting services, primarily focused on senior living communities. The company champions the Amplify and Brickmont brands, dedicated to constructing state-of-the-art living environments with a keen eye for detail. Having already developed over a million square feet, Centric Development is committed to transforming the senior housing industry by delivering high-quality assisted living and memory care facilities across key markets such as Virginia and Georgia.
How much funding has Centric Development raised?
Centric Development has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2021): $150K with participation from PPP
What's next for Centric Development?
The substantial capital infusion, particularly the recent strategic investment, indicates Centric Development is in a robust late-stage growth phase. This backing is expected to fuel further development projects, potentially expanding their brand footprint and operational capacity. The company's focus on high-quality senior living solutions aligns with increasing market demand, suggesting a strategic direction aimed at solidifying its position as a leader in specialized real estate development and management.
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