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Ziegler Advises on $20.5M Acquisition Financing for The Glen at Lake Oconee Village in Greensboro, Georgia

GREENSBORO, Ga. — Ziegler acted as exclusive financial advisor in raising $20.5 million in financing. 

The borrower, Phorcys Capital Partners, will use the funds to acquire The Glen at Lake Oconee Village, a senior housing community in Greensboro, approximately midway between Atlanta and Augusta. Stride Bank provided the capital.

The community was built in 2017 and features 28 independent living units, 68 assisted living units and 18 memory care units.

The post Ziegler Advises on $20.5M Acquisition Financing for The Glen at Lake Oconee Village in Greensboro, Georgia appeared first on Seniors Housing Business.

Source: Senior Housing Business

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