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Ziegler Closes $10,500,000 Financing for Jacaranda Trace

Ziegler is pleased to announce the closing of a private placement of subordinate senior living revenue bonds for Convivial Jacaranda Trace, LLC. Originally built in 1998, Jacaranda Trace is part of a multi-phase master developed campus in Venice, FL. Bond proceeds will be used to reimburse the borrower for the purchase of additional villas and various campus improvements.