Ziegler has successfully closed a $111 million bond issue for an Oklahoma-based corporation's newest continuing care retirement community.
Orchard Park CCRC, also known as Fox Run at Orchard Park in Buffalo, NY, has received $44.5 million in funding, Ziegler announced.
Ziegler announced the closing of $20.93 million in tax-exempt fixed-rate bonds for The Arlington of Naples in Florida.
Ziegler announced the closing of $52 million rated, tax-exempt, fixed-rate Series 2015 Bond issue for American Baptist Homes of the West Obligated Group.
Ziegler has closed a $66 million bond issue for Pennybyrn at Maryfield, a North Carolina nonprofit corporation.
Ziegler has announced the closing of a $34.51 million fixed-rate Series 2015A bond for Church Home of Hartford. The new Ziegler client is a Connecticut not-for-profit corporation formed in 1987.
Ziegler has announced the successful closing of the $40.43 million sale of Coventry Village on behalf of Harris Webber, Ltd.
Ziegler has announced the successful closing of a $23.31 million bond issue for Friendship Village of Dublin (Ohio).
Ziegler announced the closing of the non-rated, fixed-rate $32.8 million tax-exempt Series 2014A and $260,000 Taxable Series 2014B Bonds for the Sierra Winds Life Care Community Project.
Ziegler has announced the successful closing of the $12 million Series 2014A, tax-exempt, fixed-rate bond financing for Duncaster, a new client.
Ziegler has announced the closing of an $18.6 million bond for Buckingham Senior Living Community Inc. Senior Quality Lifestyles Corporation, a Texas not-for-profit organization, serves as the sole corporate member of Buckingham.
Ziegler closed a $30.8 million loan for Christian Care Centers, which operates two retirement communities in Texas.
Ziegler has announced the successful closing of a $24.16 million refunding transaction issued by the North Carolina Medical Care Commission for Deerfield Episcopal Retirement Community.
The Buckingham, a Houston senior living community, has announced a $56 million project that will add 104 independent living homes, 33 assisted living suites, 18 memory care residents and 32 private skilled nursing rooms.
Zeigler has hired Brandon Powell as the director of investment banking in senior living at its Virginia office.
Ziegler closes $45M financing for Presbyterian Retirement Communities; announces partnership with Link•Age VenturesJuly 08, 2014
Ziegler successfully closed the $44.97 million financing for Presbyterian Retirement Communities Inc. It also announced the formation of a new longevity fund.
Ziegler has announced the affiliation between The Board of Trustees of Friends Homes Inc. and the Board of Governors of The Presbyterian Homes Inc., creating the largest not-for-profit continuing care retirement community in North Carolina. The organization will have 1,002 residential accommodations, 225 assisted living accommodations and 298 skilled nursing beds.
Grow or die. Some may disagree to the boldness of this statement, but it is true. An organization may be a strong, solid operation, but if status quo is a comfort zone, at some point, the surrounding space will evolve beyond the ability to catch up.
Ziegler has announced the sale of Minnesota Masonic Homes North Ridge to Mission Health of Florida and Aviv REIT.
Ziegler announced the closing of a $103.2 million unrated, fixed-rate Series 2014 Bond for Terraces of Boise.
Ziegler has announced the closing of the $190,295,000 unrated, tax-exempt fixed-rate Series 2013 Bond issue for The Arlington of Naples, a continuing care retirement community in Naples, FL.
Large nonprofit LTC providers have embraced electronic health records, information exchange lags, survey findsDecember 09, 2013
The nation's largest not-for-profit long-term care providers have implemented electronic health records, but there is still much room for growth when it comes to the sharing of digital data, according to a recently released survey.
Homebound elderly people might soon have easy virtual access to activities offered by senior living communities, thanks to the winners of the inaugural LeadingAge HackFest.
Erickson Living's Charlestown campus in Catonsville, MD, is the nation's largest single-site, not-for-profit continuing care retirement community, according to rankings recently compiled by investment bank Ziegler.
Microsoft Research has joined the 2013 LeadingAge HackFest as a corporate donor. HackFest will be Oct. 25-27 at the Sheraton Dallas Hotel. The event, co-sponsored by Ziegler and LeadingAge, is meant to encourage participants to create a technology-driven tool aimed at improving the lives of older adults and families. Suggestions for what participants could develop include a website, app or device, the organization said.
Repositioning buildings and service lines is done on a regular basis at Lutheran Life, ahead of a crisis in census or in reaction to new competition that forces action that may not be well thought out. Today, skilled nursing in particular needs to be updated to employ more technology and refresh and rebuild physical plants to address a different consumer.
Sarkis Garabedian has joined Ziegler Investment Banking as a senior vice president.
Several companies announced deals or closings in the past week.
Sarkis Garabedian will join Ziegler's western region banking team, the company announced.
Ziegler recently announced the successful closing of a $40 million tax-exempt, fixed-rate Fleet Landing Series 2013A Bond issue for Naval Continuing Care Retirement Foundation (Fleet Landing).