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Existing Partnership Adds Two Georgia Seniors Housing Communities
November 4, 2025 – An affiliate of Scribner Capital, LLC (“Scribner”) and William James Group, LLC (“WJG”) acquired two seniors housing communities in Athens and Fayetteville, Georgia. Scribner provided co-sponsor equity and leveraged its network of family-office and high-net-worth investors to provide the limited partner equity. WJG provided co-sponsor equity as well and will operate the communities on behalf of the venture.
Both communities are located in growing, supply-constrained submarkets. The partnership acquired and rebranded two communities: The Haven at Fayetteville, a 62-unit assisted living and memory care community, and The Haven at Cedar Shoals, a 40-unit assisted living community. The portfolio complements three (3) other communities owned by an affiliate of the sponsor and seven (7) communities operated by WJG in Georgia.
The Sponsor’s business plan includes a capital improvement program focused on (i) upgrading the entrances to enhance first impressions, (ii) replacing flooring and lighting in common areas, (iii) repurposing underutilized spaces to improve operational efficiency, and (iv) enhancing the landscaping and courtyards. These improvements are intended to preserve the communities’ competitive position in the market as well as enhance resident and staff satisfaction.
While the communities are stabilized and have historically performed well, the combination of capital investment along with identified areas of improvement on both the revenue and expenses sides created a compelling acquisition opportunity.
Marcel Tremble, Co-Founder/CEO, William James Group, said, "We are thrilled to expand our relationship with Scribner and our Georgia presence. We anticipate continued opportunities to expand the partnership and acquire similar assets throughout the southeast.”
“These two communities are a perfect addition to our existing partnership. WJG has been an incredible partner over the past three plus years, and we look forward to continuing to find more opportunities to collaborate. This a great example of our ability to deliver both co-sponsor capital as well as joint venture equity to a growing operator,” said Mr. Scribner.
In addition to Scribner’s capital solutions with its institutional capital partner, it can also provide flexible sponsor-level capital and joint venture equity through its proprietary network of accredited investors.
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About Scribner Capital
Scribner Capital was formed in 2020 during one of the most volatile periods in history to provide stable capital to owners, operators and developers of seniors housing and healthcare assets. For nearly 20 years, Principal and Founder James Scribner has been exclusively focused on providing creative and highly-structured capital solutions to the seniors housing and healthcare industry, including joint venture equity and subordinate debt, as well as bridge financing, FHA/HUD and GSE first mortgage financings. He has also led complex restructurings and distressed note purchases. In total, Scribner holds 16 seniors housing investments caring for 1,700 residents. For more information, visit www.ScribnerCapital.com.
About William James Group
William James Group, LLC, based in Myrtle Beach, SC, was formed in 2021 by two industry veterans, to create a best-in-class seniors housing operator and fill a need for high-quality operators in the seniors housing sector. WJG currently operates 16 seniors housing communities throughout the southeast. WJG specializes in identifying and revitalizing under-performing middle-market senior care facilities and implementing value-added programs and operations improvements. WJG’s focus is to provide exceptional care and experiences for residents and staff and superior financial performance for its financial partners.
Contact:
Scribner Capital
James Scribner
203-536-3578
William James Group
Marcel Tremble
843-267-7527