March 28, 2012

Ziegler closes $77 million financing deal

Ziegler recently announced the closing of a $77,030,000 fixed-rate issue for Friendship Village of Tempe. FVT is the largest life care CCRC in the greater Phoenix market. The 46-acre community offers 572 independent living units (comprising both garden homes and residential apartments), 67 assisted living beds, and a healthcare center that includes 128 skilled nursing beds, 24 memory care rooms, and 14 hospice beds. 
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