Ziegler Closes $31 Million of Bond Financing for Retirement Community

Ziegler announced the closing of a $31.2 million non-rated, fixed-rate bond issue for Peterborough Retirement Community at Upland Farm, Inc. RiverMead was formed in 1991 and the original continuing care retirement community campus at RiverMead opened in December 1995. RiverMead’s existing campus is situated on a 56-acre site in south central New Hampshire in the […]

Ziegler Closes $28 Million Bond Financing for Texas Retirement Community

dSpecialty investment bank Ziegler announced on Thursday, Dec. 15 the successful closing of a $28,295,000 non-rated bond issue for MRC Crestview’s Bryan, Tex. retirement community. MRC Crestview, formed in 1962, is a Texas non-profit corporation that became part of Methodist Retirement Communities (MRC), a Texas non-profit system that gives management and support services to MRC […]

Ziegler Closes $143 Million of Financing for New Florida Senior Living Community

Construction has begun on The Terraces at Bonita Springs, Fla., for a $70 million senior living community that is 80% reserved. Investment bank Ziegler announced on Thursday that is has closed a $143,120,000 non-rated, fixed-rate issue for the community. “Start-up senior living communities are among the most difficult project financings to complete in today’s challenging […]