Ziegler Closes $30,000,000 Financing for Vicar’s Landing (FL)
Ziegler is pleased to announce the closing of $30,000,000 of Series 2022 Bonds for Life Care Ponte Vedra, Inc. d/b/a Vicar’s Landing. Located in Ponte Vedra Beach, FL, bond proceeds will primarily be used to fund Phase II of the Vicar’s Landing at Oak Bridge expansion project.
Ziegler Closes $36,175,000 Financing for Green Cay Life Plan Village (FL)
Ziegler is pleased to announce its role in the closing of Green Cay Life Plan Village’s $36,175,000 Series 2022A Notes. Green Cay LPV will develop, own, and operate a new continuing care retirement community located in Boynton Beach, FL in Palm Beach County.
Ziegler Closes $17,775,000 Financing for The View Alexandria by Goodwin Living™
Ziegler is pleased to announce the successful closing of a $17,775,000 taxable bank placement for The View Alexandria by Goodwin Living™, a subsidiary of Goodwin Living. Proceeds funded Goodwin Living’s acquisition of an existing senior living community located directly across the street from Goodwin House Alexandria.
Ziegler Closes Acquisition Financing for Well-Spring Obligated Group
Ziegler is pleased to announce the closing of three taxable loans for Well-Spring, A Life Plan Community, Inc. located on approximately 90-acres in Greensboro, NC, to acquire a community in Burlington, NC and expand its services. Known as The Village at Brookwood, Well-Spring has served as manager of the community since 2015.
Ziegler Closes $197,735,000 Financing for Outlook at Windhaven Forefront Living (TX)
Ziegler is pleased to announce its role in the closing of $197,735,000 of Series 2022 Bonds for the Outlook at Windhaven Forefront Living in Plano, TX. Proceeds will be used to finance a new retirement community featuring 153 independent living apartments, 30 independent living cottages, 32 assisted living units and 24 memory support units.
Ziegler Closes Financing for Shenandoah Valley Westminster-Canterbury
Ziegler announces the successful closing of Shenandoah Valley Westminster-Canterbury’s $71,000,000 Series 2022A and 2022B Bonds. Located in Winchester, VA, SVWC was founded in 1982 and provides housing, health care and other services to nearly 400 residents on its 87-acre campus. Proceeds from the bank loans will be used to fund an independent living unit expansion project known as the Hackwoods, the first phase of which will include 48 new independent living unit apartments.
Ziegler Advises CareConnectMD on its $25M Investment From TT Capital Partners
Ziegler is pleased to announce its role in advising CareConnectMD, a Costa Mesa, Calif. provider of primary care coordination services, on its $25 million financing round led by Minneapolis-based TT Capital Partners. CareConnectMD will leverage the investment to deepen its presence in California, Ohio and Texas and expand into other markets—and to enhance its technology platform to scale and streamline care delivery.
Ziegler Closes $24,405,000 Financing for Eliza Jennings
Ziegler is pleased to announce the successful closing of Eliza Jennings’ Series 2022A Bonds. Eliza Jennings is based in Olmsted Township, Ohio (a western suburb of Cleveland, Ohio) that owns and operates three Ohio senior living campuses with a combined total of 175 independent living apartments and villas, 89 assisted living units and 216 skilled nursing beds. Bond proceeds will primarily be used to restructure existing debt.
Announcing The Formation And Close Of The Ziegler Link•Age Fund III, L.P.
Ziegler and Link•Age Ventures, Inc. are pleased to announce the formation and close of the Ziegler Link•Age Fund III, L.P., the third fund in the Ziegler Link•Age fund family. The fund seeks to make investments in early to mid-stage, emerging-growth companies operating in or developing businesses focused on aging and related care. The fund provides a unique platform for collaboration and innovation among its investors which consist primarily of organizations across the senior living and care, healthcare, and aging services landscape.