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Helping Seniors Make Better-Informed Medicare Decisions
Trying to pick a health insurance plan can be a chore for anyone. For many people, just mentioning the word "open enrollment" sends shivers down the spine. It seems like there's always a nagging feeling that you're wasting money, choosing a plan with poor in-network care, or both. One would think that health insurance gets easier as you approach retirement age, but the truth is that picking an initial Medicare coverage plan can be daunting.
Unfortunately, the confusing process of signing up for Medicare causes many seniors to forego healthcare coverage altogether. After all, Medicare enrollment can involve several federal agencies, including the Social Security Administration (or SSA) and the Centers for Medicare and Medicaid Services (or CMS).
At Senior Medicare Insurance Services, our passion is guiding seniors through the confusion of Medicare. That way, they can enjoy retirement with peace of mind knowing they are protected and ready for life after 65. We work with dozens of insurance companies, giving our clients the chance to choose a plan that best fits their lifestyle.
We choose to design our senior insurance plans with a focus on optimal benefits structure, lower costs, and personalized service. Some independent insurance agencies see their aging customers as nothing more than a financial transaction waiting to happen. In contrast, we treat each of our clients with respect and dignity as we help them navigate the confusing waters of Medicare. Combined with individualized service, we help older Americans make well-informed decisions about insurance. Whether you're in need of senior Medicare Supplement Plan insurance in Summerville or simply have questions about signing up for Medicare, our team is here to help.
Service Areas
What is Medicare?
If you're approaching the golden years of your life, it's important you understand what Medicare is if you don't already.
Medicare is a federal health insurance program reserved for people older than 65 who have worked full-time for at least ten years. The Medicare program is paid for by a combination of worker payroll tax, premiums paid by Medicare enrollees, and the U.S. government.
There are four parts of Medicare:
This type of Medicare is free for most U.S. citizens. Medicare Part A helps older adults pay for care in a nursing facility, hospital visits, and some forms of in-home senior care.
This tier costs around $100 per month. It covers different outpatient services like lab tests, preventative care, doctor's visits, mental health care, clinical trials, and some forms of surgery.
This type of Medicare is most often called Medicare Advantage. This tier of Medicare allows seniors to choose health plans provided by insurance companies like Senior Medicare Insurance Services. Individuals who use Medicare Advantage commonly use Medicare supplement plan insurance to help pay for health care costs that Original Medicare won't cover, like coinsurance, deductibles, and copayments.
Sometimes called "PDPs," these plans add drug coverage to standard Medicare, some Medicare Private Fee-for-Service Plans (PFFS), some Medicare Cost Plans, and Medicare Medical Savings Account Plans (MSA).
The amount of money you pay for your health care depends on several factors, including:
- What kind of care you need, and how often it is needed.
- The type of Medicare coverage you choose.
- Whether there are alternative insurance policies that will help fill gaps in your coverage
- Whether a doctor agrees to charge you the same amount that Medicare will cover for a medical service
At Senior Medicare Insurance Services, we offer a number of health insurance solutions for seniors. Two of our most used services include Medicare Advantage plan insurance and Medicare supplement plan insurance.
Senior Medicare Supplement Plan Insurance in Summerville
Sometimes called Medigap, the purpose of Medicare Supplement Insurance is to help fill in "gaps" that might not be covered by Original Medicare. You can think of a Medigap policy as a supplement for your Original Medicare benefits.
Private companies like Senior Medicare Insurance Services sell this type of insurance right here in South Carolina. While Original Medicare will pay for much of the cost associated with health care services you need, it may not cover all of your expenses. Generally, Medigap policies do not cover costs stemming from eyeglasses, private-duty nurses, dental care, hearing aids, or long-term care.
Depending on the Medicare Supplement Plan that you choose, it may cover out-of-the-country medical services when you travel abroad. Assuming you have Original Medicare coverage, your policy will cover its share of Medicare-approved health care costs. Once your Original Medicare coverage reaches its limit, your Medigap policy will pay its share of the fees.
Our Medigap policies are drafted to meet your specific needs, and can help cover remaining health care costs such as:
Deductibles
Copayments
Coinsurance
Important Information About Senior Supplement Plan Insurance
To dispel some confusion, you should know that a Medigap policy is not the same as a Medicare Advantage Plan. The latter helps you receive Medicare benefits, while the former supplements the benefits you obtain through your Original Medicare plan. As you begin to explore Medicare Supplement Insurance Plans, keep the following important information in mind:
As you begin to explore Medicare Supplement Insurance Plans, keep the following important information in mind:
- To qualify for a Medigap policy, you must first have Medicare Part A and Medicare Part B.
- Payments on your Medicare Supplement Insurance Plan will be made to the private insurance company that you choose, like Senior Medicare Insurance Services. These payments are made every month and are paid in addition to the monthly payment you make for Medicare Part B.
- If you are the holder of a Medicare Advantage Plan, it is illegal for an insurance company to sell you a senior Medicare Supplement Policy. If you plan on switching back to an Original Medicare plan, you may be able to purchase a Medigap policy.
- If you have health problems as you age, your standardized Medigap policy is guaranteed to be renewable. So long as you pay your monthly premium, your insurance provider cannot cancel your policy.
- Medigap policies only cover one person. If you have a spouse or family member that would like coverage, they must purchase a separate policy.
- You may only buy a Senior Medicare Supplement Plan from an insurance agent that is licensed to sell them in your state. Senior Medicare Insurance Services has been licensed to sell Medigap policies in South Carolina for years. We have helped countless seniors get the Medicare coverage they need and continue to do so to this day.
- In the past, Medigap policies were able to cover costs related to prescription drugs. As of January 1st, 2006, prescription drug coverage is not available on Medicare Supplement Plans. The best way to get coverage for your prescription drugs is to join a Medicare Prescription Drug Plan, often called Part D. Contact our office today to learn more about paying premiums on Medigap and Medicare plans.
For many people, the best time to buy senior Medicare Supplement Plan Insurance in Summerville is during the 7 months Medigap Open Enrollment Period. This period starts the day you turn 65 years old, so long as you hold Medical Insurance (Medicare Part B). Generally, during the enrollment period, you get more policy choices and better pricing. Once the enrollment period is over, you may not be able to purchase a Medigap policy. Contact Senior Medicare Insurance Services today to determine if you qualify for a Medicare Supplement Insurance Plan.
Senior Medicare Advantage Plan Insurance in Summerville, SC
A Medicare Advantage Plan is a kind of Medicare health coverage designed to provide seniors with all their Part A and Part B Medicare benefits. Many Medicare Advantage Plans will often include coverage of the following:
- Preferred Provider Organizations
- Special Needs Plans
- Private Fee-for-Service
- Medicare Medical Savings Account Plans
- Health Maintenance Organizations
In addition, most Medicare Advantage Plans give seniors coverage for their prescription drug needs. When you enroll in a Medicare Advantage Plan through Senior Medicare Insurance Services, your Medicare benefits are covered through your plan and will not be paid for by traditional Medicare.
How Medicare Advantage Plans Work
Sometimes called "MA Plans" or "Part C," Medicare Advantage Plans are considered an "all in one" solution to Original Medicare. Senior Medicare Advantage Plans are only offered by private companies that are approved, like Senior Medicare Insurance Services. Seniors who enroll in a Medicare Advantage Plan are still on Medicare. However, these individuals enjoy bundled plans that give seniors the benefits of hospital insurance (Medicare Part A), medical insurance (Medicare Part B), and sometimes drug coverage (Part D).
Medicare Advantage Plans are very popular because they cover all Medicare services and make life a little easier for seniors who have trouble understanding the nuances of Medicare.
When you contact Senior Medicare Insurance Services to choose your Medicare Advantage Plan, ask your agent about Medicare prescription drug coverage. Unless you already have drug coverage (Part D), you should seriously consider Part D coverage to help reduce costs associated with prescription drugs. You may also want to consider a Medicare Supplement Insurance Plan to help fill gaps in coverage that Original Medicare will not cover.
Medicare Advantage Plan Insurance Rules
Medicare works by paying a set amount of money to the companies that offer senior Medicare Advantage Plan insurance in Summerville. That money is used to pay for the care services that you need. Because Medicare Advantage Plans are different, you should expect out-of-pocket costs to vary depending on the plan you choose.
Different plans have different rules for how you receive services, such as:
If you must go to facilities, suppliers, or doctors that belong to your Advantage Plan for non-urgent and non-emergency care.-
Whether you must get a referral to see a specialized doctor
Companies that offer Medicare Advantage Plans must follow strict rules, which are set by Medicare and can change every year.
Paying for Your Senior Medicare Advantage Plan Insurance
How much you pay for your Medicare Advantage Plan varies and depends on a few different factors. In most cases, if you need a kind of medical service, you will need to rely on the doctors and providers in your plan's service area and network to pay the lowest amounts. In some cases, if you choose to use a service outside of your plan's network of coverage, you may have to pay out-of-pocket.
We encourage you to contact our office today to learn more about Medicare Advantage Plans, how they work, what your options are, and how often you will have to pay out-of-pocket, if at all.
The Senior Medicare Insurance Services Commitment
Since our company was founded, we have led the insurance industry by providing our clients with the most valuable, helpful insurance solutions available. We are fully committed to our current and prospective clients by:
Choosing to focus on personalized, one-on-one service. When you work with our team, know that we will always design your health insurance plan with your best interests in mind.-
Listening to your specific needs. -
Responding to all inquiries and questions promptly and with a friendly attitude. -
Providing you with the best customer service in the senior health insurance industry, whether you have questions or are ready to move forward with a Medicare plan.
Our mission is to help give seniors the best Medicare assistance available so that they may understand the Medicare process and make an informed health coverage decision. We have the knowledge, skills, and experience to assist anyone interested in Medicare. Our personal goal is to become a lifetime resource for our clients and give them greater confidence in choosing their insurance plans.
Latest News in Summerville, SC
Vasectomies are on the rise, but a Summerville man’s case should give pause
Tom Corwinhttps://www.postandcourier.com/health/vasectomies-are-on-the-rise-but-a-summerville-mans-case-should-give-pause/article_5b32eeb2-200c-11ee-ac25-f7ae55c175d6.html
SUMMERVILLE — Jacob Limehouse, 26, and his wife do not want children and had already discussed Jacob getting a vasectomy. Then the U.S. Supreme Court overturned Roe v. Wade in late June 2022, allowing states like South Carolina to seek to ban or severely restrict access to abortion, and that sealed it for them.“That definitely added to t...
SUMMERVILLE — Jacob Limehouse, 26, and his wife do not want children and had already discussed Jacob getting a vasectomy. Then the U.S. Supreme Court overturned Roe v. Wade in late June 2022, allowing states like South Carolina to seek to ban or severely restrict access to abortion, and that sealed it for them.
“That definitely added to the desire to get it done,” Limehouse said.
After doing what he felt was a lot of research, much of which downplayed the risk from the procedure, he went in for a vasectomy on Jan. 9. What followed was a trip to the emergency room and a week at Summerville Medical Center battling severe complications that have left him with lingering pain and extensive medical bills.
Limehouse wasn’t alone in his newfound interest in vasectomies. Immediately after the Dobbs decision by the Supreme Court, the search for information on vasectomies hit a five-year high on Google Trends, according an article in the journal Fertility and Sterility. In many states, particularly those which banned or severely restricted abortion in the wake of the decision, interest in vasectomies took off, according to an analysis by The Post and Courier.
In Michigan, where a temporary injunction blocked a 1931 law that banned abortion except to save the life of a mother, inquiries about vasectomies at one clinic increased 225 percent compared to the year before, according to a study in the Journal of Urology. Another study at 10 academic medical centers spread across the country found an overall 10.9 percent increase in vasectomy interest among patients compared to a slight decrease the year before. The rates varied across the centers and were higher in states where bans or restrictions were enacted, the authors found.
In Ohio, where a ban on abortions after six weeks is on hold, the number of inquiries at one large clinic increased 22.4 percent in the months after the decision compared to the year before, according to a study in the International Journal of Impotence Research. More of those men, like Limehouse, tended to be younger and childless compared to those who sought vasectomies the year before, the Ohio study found, which lines up with the experience at other clinics.
Not every clinic is seeing an increase.
“We’re seeing roughly the same number of vasectomy consultations,” said Dr. Tracy J. Tipton of Urology Associates of Charleston. Because the practice sets aside a certain number of slots for vasectomies, the wait to get in has increased over the last several years, particularly during the pandemic, but is back down to about four to six months, he said, what it has been for the last couple of years.
While weighing the impact of the abortion ruling and surge of interest in vasectomies, there were also concerns about how the procedure was being portrayed on social media, according to a Perspective in the Journal of Urology, which is published by the 23,000-member American Urological Association. Particularly troubling were suggestions that vasectomies were a “solution” to contraception concerns and that the procedure was easily reversible, the authors noted. But reversal procedures are “technically challenging and expensive” surgeries that insurance companies are not likely to cover, the Perspective found.
Tipton of Urology Associates in Charleston said reversals are rarely covered by insurance and not likely to work if many years have passed, so he counsels his patients to consider a vasectomy as permanent.
“I try to tell them, yes, technically this is reversible but you should think about this like an irreversible procedure,” he said. “If you are on the fence, maybe we need to think about this a little bit more.”
‘It could happen to you’
The risks involved might also be downplayed on social media. When Limehouse did his research, he found the complications were portrayed as “super minor,” mainly swelling, bleeding at the surgery site and some persistent pain that could last a month. He got similar counseling about complications at the clinic.
On the afternoon he headed in for the procedure, “I wasn’t nervous at all,” Limehouse said. “I had read so many positive stories. I couldn’t find a negative story, to be honest.”
The whole thing took maybe 20 minutes under local anesthesia, he said, then he rested for five minutes before heading home.
But almost immediately, there was a lot more swelling than he expected, even when applying ice packs. Then he got nauseous, then dizzy, then tried to make it to the bathroom.
“The next thing I know, my wife was standing over me, trying to wake me up,” Limehouse said. It was the first time in his life he had ever fainted.
His wife, Marissa Christine Wiggins, called her parents for advice. When the nausea continued and Limehouse passed out again, they took him to the ER at Summerville Medical Center. Limehouse said he was only semiconscious then but Marissa told him he was extremely pale. He was rushed back for tests and a CT scan and eventually admitted for syncope, fainting or passing out, after his blood pressure dropped significantly when he stood up, according to Limehouse’s medical records.
The CT scan found a suspected blood clot just under 3 inches in diameter above his left testicle and swelling throughout the area but nothing else remarkable, the records showed. When he was again administered a test for syncope by standing for several seconds, “I passed out in the nurse’s arms,” Limehouse said.
His hemoglobin level, which measures the red blood cells that carry oxygen, and hematocrit level, which looks at the percentage of red blood cells, appeared normal at first but began dropping. A few days later, when his hemoglobin dropped to about half the normal range, nurse Ellen Patrick flagged it, records show. The urologist who performed the vasectomy, whom Limehouse does not want named, came in to perform surgery and removed the blood clot. But Limehouse said neither he nor his family was told about the clot.
Summerville Medical Center did not provide a relevant response for comment or make the nurses, whom Limehouse credits for getting the care he needed, available for comment.
Months later, he is left with some pain and a load of medical bills from his stay. He started a GoFundMe to seek help.
Still, “I don’t regret getting the procedure,” Limehouse said. “I’m happy I did it. But I regret the little research I did.”
Overall, the rate for serious complications for vasectomies is low, with infections and hematomas or lumps from blood clots, in the 2-4 percent range, according the World Journal of Men’s Health. But it is something to keep in mind, Limehouse said.
“What’s the old saying? It could happen to you,” he said.
‘We’re going to break our own record,’ Trump tells SC voters
Steven Ardaryhttps://www.live5news.com/2023/09/25/live-trump-campaign-summerville-visit-expected-affect-traffic/
Trump is speaking Monday afternoon at Sportsman Boats in his first visit to South Carolina since the Silver Elephant Gala last month.SUMMERVILLE, S.C. (WCSC) - Former President Donald Trump took the stage at a campaign event in Summerville Monday predicting a record-breaking win in the South Carolina Primary as he campaigned for a second term as commander-in-chief.Trump is speaking Monday afternoon at Sportsman Boats in his first visit to South Carolina since the Silver Elephant Gala last month.He told the crowd that his...
Trump is speaking Monday afternoon at Sportsman Boats in his first visit to South Carolina since the Silver Elephant Gala last month.
SUMMERVILLE, S.C. (WCSC) - Former President Donald Trump took the stage at a campaign event in Summerville Monday predicting a record-breaking win in the South Carolina Primary as he campaigned for a second term as commander-in-chief.
Trump is speaking Monday afternoon at Sportsman Boats in his first visit to South Carolina since the Silver Elephant Gala last month.
He told the crowd that his last two years in office were the best two years South Carolina boat builders and South Carolina businesses have ever had, saying that boat builders couldn’t make the boats fast enough.
“When I left the office business was roaring like a 400 horsepower Mercury outboard motor,” Trump said. “But then the economy slammed into a pile of rocks known as crooked Joe Biden.”
He promised to end Biden’s “war on American energy” and reclaim energy independence.
“In other words, we will drill, baby, drill,” he said.
Trump said he won South Carolina twice by record numbers and pledged to do it again.
“We did phenomenally here. We’ve always done well here and we’re going to do it at a level that nobody’s ever seen,” he said. “So we broke the record twice. We’re going to break it a third time. We’re going to break our own record.”
He said he intends to “take back our country and we’re going to make America great again.”
Before Trump’s speech, South Carolina Gov. Henry McMaster told the crowd he went into the State House about a month after Trump went into the White House.
“And South Carolina has been booming ever since,” he said. “But then in January 2021, everything changed.”
McMaster said his administration has had to fight the Biden Administration “every day.” He cited the Biden Administration’s COVID-19 vaccine mandates for military personnel, and accused it of destroying the nation’s borders and the nation’s energy independence.
“From 2016 until now, [the Biden Administration] has been doing anything and everything they could, legal, illegal, ethical, unethical, unheard of, unprecedented, to do one thing: That includes two bogus impeachments and full-of-baloney indictments to do what? To stop one man, to stop our man from being president of the United States,” McMaster said.
Gov. Henry McMaster praised former President Donald Trump Monday at a campaign event held in Summerville.
Dorchester County deputies said earlier on Monday that Trump’s visit to Summerville would cause delays on Highway 78 from Summerville east of Berlin G. Myers Parkway to Jedburg Road at Mallard Road. Drivers in the area are asked to search for alternate routes if they don’t live or work along Highway 78 and are encouraged to use other entrances to neighborhoods in the area.
Traffic delays are expected to last through about 5 p.m. Monday but the delays could be extended.
Dorchester County deputies are warning of traffic delays ahead of former President Donald Trump’s visit to the Lowcountry.
Copyright 2023 WCSC. All rights reserved.
2023 Summerville Italian Feast is Oct. 8
Staff reporthttps://www.postandcourier.com/journal-scene/community-news/2023-summerville-italian-feast-is-oct-8/article_567b28d2-6213-11ee-b9cf-07e779dd365b.html
Get ready for a taste of Italy right in the heart of Historical Downtown Summerville. The 2023 Summerville Italian Feast is back, and it promises to be an unforgettable day of cultural celebration, delicious cuisine and community togetherness. The event, which started in 2012 with 11 ven...
Get ready for a taste of Italy right in the heart of Historical Downtown Summerville. The 2023 Summerville Italian Feast is back, and it promises to be an unforgettable day of cultural celebration, delicious cuisine and community togetherness. The event, which started in 2012 with 11 vendors, has grown to 87 vendors this year.
The 2023 Summerville Italian Feast is 11-a.m.-6 p.m. Sunday, Oct. 8, at Hutchinson Square in downtown Summerville.
“Indulge your senses in the rich flavors of Italy as we pay tribute to Italian-American heritage,” according to a press release. “With over 87 local craft and food booths, as well as a delectable lineup of food trucks, you can savor your favorite Italian dishes just like mama used to make. From mouthwatering pasta dishes to scrumptious cannoli and everything in between, your taste buds are in for a treat.”
In addition to the food, the 2023 Summerville Italian Feast will showcase the talent of students from Dorchester District 2 schools who will entertain the crowd with performances.
One of the more significant aspects of this event is its charitable mission. All proceeds from the Summerville Italian Feast will benefit the Dorchester School District 2 Educational Foundation. Your attendance and participation in this celebration will directly contribute to educational programs and initiatives within the community.
The Dorchester District Two Board of Trustees voted Monday, Sept. 25, on the recommended process to follow over the next several months to rezone school attendance boundaries beginning with the 2024-25 school year.
“The natural question would be why is this process necessary in Dorchester School District 2,” said Dr. Shane Robbins, superintendent of Dorchester District 2. “The simple explanation is our strong academic reputation and our community’s appealing quality of life means we have welcomed thousands of new families in a short amount of time.”
Robbins said new growth and housing developments in part of Dorchester County have produced increased enrollments in some of the district’s facilities and now require the board and administration to consider setting new attendance zones to relieve overcrowding at Beech Hill Elementary, Sand Hill Elementary and William Reeves Elementary. Additionally, East Edisto Middle School, Ashley Ridge High School and Summerville High School are nearing capacity.
“The overcrowding at these locations just happens to coincide with a lower enrollment in other portions of Dorchester School District 2,” Robbins said. “We will rezone attendance boundaries because crowded classrooms create unsafe environments and make it difficult to provide the high-quality education that is a cornerstone of our community. We also understand the importance of maximizing our resources (facilities) for the taxpayers of Dorchester County.”
Several key dates have been identified as part of the rezoning process over the next year:
Nov. 7-14 – public engagement: District officials will collect feedback and answer questions during public meetings and an online process.
Dec. 11 – board meeting for public engagement: The meeting agenda will include a public comment opportunity and the results from the public engagement in November.
Jan. 8, 2024 – final board vote: Anticipated board vote on the recommended map for rezoned school attendance boundaries.
Summer 2024 – rezoning takes effect: The new maps for K-12 school attendance boundaries will determine where students are zoned to attend school based on their home addresses.
Visit www.ddtwo.org/rezone for more information. Robbins said the website will be updated as the rezoning process moves forward.
Man confronts Summerville mayor over new public safety drone program
Raymond Owenshttps://www.counton2.com/news/local-news/dorchester-county-news/man-confronts-summerville-mayor-over-new-public-safety-drone-program/
SUMMERVILLE, S.C. (WCBD) – Summerville unveiled its new drone program on Wednesday but some in the community are not thrilled about the new public safety initiative.The town held a live demonstration for the new drone program, during which a man said he had some questions and concerns related to how money would be allocated along with privacy issues.“You read in the newspaper and different things about how bigger cities are defunding their public safety department. Well, I want to say this- we are not defunding our ...
SUMMERVILLE, S.C. (WCBD) – Summerville unveiled its new drone program on Wednesday but some in the community are not thrilled about the new public safety initiative.
The town held a live demonstration for the new drone program, during which a man said he had some questions and concerns related to how money would be allocated along with privacy issues.
“You read in the newspaper and different things about how bigger cities are defunding their public safety department. Well, I want to say this- we are not defunding our public safety department, we’re funding them,” said Summerville Mayor Ricky Waring during Wednesday’s event.
Summerville presented two new drones, which make up the town’s first drone program. They plan to use them for search and rescue missions.
Mayor Waring even mentioned how they could help locate a missing child much faster, possibly preventing tragedies similar to a drowning that happened earlier this year.
But one gentleman in the audience spoke up and asked Mayor Waring for more specific numbers. How much is the town currently paying to use helicopters in searches versus how much will the new drone program cost?
“I was fire chief for 25 years … and we’ve called in helicopters numerous times over the 25 years, numerous times,” he said in response to the man.
“Well give me, numerous is just a very broad term,” the man responded. “It’s squishy, doesn’t mean anything.”
“What do you want?” Mayor Waring asked.
“I want specifics, I want once every six months we call in a helicopter and that helicopter cost $50,000 and this drone program is worth $1,000. You know, something in that realm would be actually real specific information,” the man said.
When Mayor Waring said the man didn’t understand public safety, words got a bit heated.
“He doesn’t understand public safety,” said Mayor Waring during the demonstration.
“I tell you what, thank God you’re not running again,” he replied.
The town’s operator also flew the two drones on demonstration flights to show everyone its capabilities. The drones have technology on them to help find people at night.
Drone operators said with the two batteries they have, they can keep the drone in the air for at least an hour and a half, but since the drone battery could be recharged, it could basically be used for many hours in a row if needed.
Summerville tract sells for nearly $17M to Virginia firm; new Charleston apartments open
Warren L. Wise [email protected]https://www.postandcourier.com/business/real_estate/summerville-tract-sells-for-nearly-17m-to-virginia-firm-new-charleston-apartments-open/article_614aa1c4-f806-11ed-983e-f7f825fd4d15.html
A large Berkeley County tract near the Summerville area’s industrial real estate epicenter recently sold for nearly $17 million.Rushmark Properties paid $16.8 million ...
A large Berkeley County tract near the Summerville area’s industrial real estate epicenter recently sold for nearly $17 million.
Rushmark Properties paid $16.8 million in late May for about 300 acres along Interstate 26 southwest of Jedburg Road and north of Dawson Branch Road, according to public land records.
The largest chunk of land in the transaction — about 263 acres — was sold by North Charleston Lands Corp. for about $15.3 million. A group of smaller adjoining parcels made up the remainder of the deal.
The property is just west of a parcel off Woodhill Patch Lane near Jedburg Road that was sold for $5.75 million in October to an affiliate of Camping World.
A representative of Rushmark did not respond to a request for comment about the plans for its newly acquired property.
The Falls Church, Va.-based firm has been active in the local market for years. Among Rushmark’s previous commercial real estate holdings was a part ownership with Charleston developer and investor Frank Haygood in the S.H. Kress & Co. building at 281 King St. on the peninsula. They sold the art deco-style structure for $19.5 million in 2019.
Now open
A new apartment development is now open on the Charleston peninsula.
Quarterra Multifamily, a subsidiary of single-family homebuilding giant Lennar Corp., and Cresset Partners last week announced the completion of the 303-unit Cormac Apartments where Morrison Drive meets Meeting Street Road.
The rental complex has studio to two-bedroom apartments with monthly rates ranging from $1,500 to $4,000. Residents have access to a controlled-access, three-story, above-grade garage as well as on-street parking and 19 electric-vehicle charging stations.
The complex also features an eighth-floor rooftop terrace with a butler kitchen. Three elevated courtyards can be found on the fourth floor, including one with a pool and clubhouse.
Cormac also includes 13,068 square feet of retail space and a pair of public ground-level courtyards. The moniker comes from the birth name of 18th-century pirate Anne Bonny, who may have lived in Charleston as a child.
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New builder
The company behind a Berkeley County tract as big as the Charleston peninsula is adding its own homebuilder to the lineup of companies already doing business at the site.
Brookfield Residential, which acquired Newland, the former developer of the 5,000-acre Nexton project near Summerville in 2021, plans to build a new collection of townhomes in the mixed-use community as its first project in South Carolina.
The builder is an affiliate of Brookfield Properties, which invests in logistics, hospitality and retail assets. Among its holdings is Columbiana Centre in the Midlands.
The Nexton townhomes will be built in the Midtown neighborhood. The 1,600-square-foot, two-story, three-bedroom properties will be priced starting in the mid-$300,000s.
They also can be outfitted with extra driveway space and a one- or two-car garage. Pre-sales will begin mid-summer with a model residence opening later this year.
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