Articles from Phorcys Capital Partners
ALPHARETTA, Ga., April 01, 2025 (GLOBE NEWSWIRE) -- Phorcys Capital Partners, LLC (“Phorcys”) is pleased to announce the acquisition of Hunt Trace Senior Living (“Hunt Trace”), a 114-unit assisted living community located just west of Orlando in Clermont, Florida. The community was acquired through a court-appointed receivership sale for an undisclosed amount.
By Phorcys Capital Partners · Via GlobeNewswire · April 1, 2025

ALPHARETTA, Ga., Dec. 02, 2024 (GLOBE NEWSWIRE) -- Phorcys Capital Partners, LLC (“PCP”) is pleased to announce the sale of The Glen at Lake Oconee Village (“The Glen”), a 114-unit senior living community located in Greensboro, Georgia to a prominent healthcare real estate investment trust. The successful sale of The Glen provides further proof of concept of PCP’s value-add strategy focused on acquiring distressed senior housing assets originally financed by municipal bonds.
By Phorcys Capital Partners · Via GlobeNewswire · December 2, 2024

ALPHARETTA, Ga., Sept. 12, 2023 (GLOBE NEWSWIRE) -- Phorcys Capital Partners, LLC (“PCP”) 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 operated by SRI Management (“SRI”).
By Phorcys Capital Partners · Via GlobeNewswire · September 12, 2023