ALPHARETTA, GA - Phorcys Capital Partners announced its recent acquisition of a seniors housing property located in Greensboro, Georgia. PCP was previously the supermajority creditor on the municipal bonds issued to finance the construction of the project.
The facility, known as The Glen at Lake Oconee Village, consists of 114 units, providing independent living, assisted living, and memory care services. The Glen was acquired for $26.45 million in August 2023. The facility will continue to be.
Form SC 13D/A Tax-Free Fixed Income Filed by: Ocean Capital LLC
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