Ziegler closes $12 million financing

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Specialty investment bank Ziegler successfully closed a $12 million financing deal for The United Methodist Retirement Homes. UMRH is a multi-site continuing care retirement community operator with three campuses in North Carolina (Croasdaile Village located in Durham; Cypress Glen in Greenville; and Wesley Pines in Lumberton). Combined, the three campuses have a total of 930 units, consisting of 626 independent living units, 105 assisted living units and 199 skilled nursing units.

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