Single-Site Senior Living

The October 2025 Ziegler CFO Hotline^SM poll was devoted to the topic of Resident Fee Increases.  This has been an annual poll conducted by Ziegler for several years and is valuable to senior living organizations for budget planning.  Over 220, primarily not-for-profit senior living CFOs and financial professionals from around the country responded to the survey, with 67% representing single-site organizations and 33% multi-site organizations.  This summary report provides data received from the current survey and details the historical comparison of changes from previous years.

Ziegler is pleased to release the results of our October 2025 CFO Hotline^SM on the topic of Resident Fees. Over 220, primarily not-for-profit, senior living organizations across the country shared their insights on pricing strategies, cost pressures, and financial planning expectations for the year ahead. The results offer a detailed view of how providers are responding to continued inflationary pressures and a persistent rise in operating costs.

Ziegler is pleased to announce the successful closing of Channing House’s $36,120,000 Series 2025AB Bonds. A CCRC in Palo Alto, California, Channing House consists of an 11 story, approximately 330,000 square foot building that houses 173 residential living units and 12 assisted living units and a two-story approximately 48,000 square foot building known as the Russel V.A. Lee Health Building located adjacent to the main tower, which contains 27 assisted living beds and 26 skilled nursing beds. Bond proceeds will primarily be used to purchase a two-building residential living complex located approximately two blocks (0.3 miles) from the existing Channing House location, which will be converted into new entrance fee residential living accommodations.

Ziegler is pleased to announce the successful closing of the Series 2025 Bonds for the benefit of Air Force Enlisted Village. The obligor owns and operates the retirement community located on 130 acres in Shalimar, Florida to house widows of enlisted veterans of the United States Air Force and currently, if space is available, retired enlisted Air Force couples, single Air Force retirees, enlisted retirees from other branches of the armed services and spouses of enlisted members who die or who were killed on active duty or active-duty members. The community consists of six independent living villages that make up Bob Hope Village and an assisted living facility built in 2005 called Hawthorn House. Bond proceeds will primarily be used to refinance existing debt and fund the construction of Village 7 planned to consist of 51 independent living units.

Ziegler is pleased to announce the successful closing of Shenandoah Valley Westminster-Canterbury’s $16,469,896 Series 2025 Bonds. A life plan community in Winchester, Virginia, SVWC provides housing, health care, and other services on its 87-acre campus through the operation of 311 independent living units, 48 assisted living units, 12 memory care units and 51 skilled nursing beds. Bond proceeds will be used to fund the purchase of 90-acres of land adjacent to the current campus for future development opportunities.

Ziegler is pleased to be a partner to CARF, along with Baker Tilly, on this annual publication. The publication itself compares (single-site and multi-site) data for 17 separate financial ratios and presented by contract type and quartile rankings.

Ziegler is pleased to announce the successful closing of Josephine Caring Community’s $77,115,000 Series 2025ABC Bonds. Established in 1908 in Stanwood, Washington, Josephine owns and operates a 131-bed skilled nursing facility, a 57-unit assisted living home licensed for 65 residents and an intergenerational child-care program licensed to serve 111 children. Bond proceeds will primarily be used to finance the Cascade Village Project in Marysville, Washington; a new independent living community featuring 63 one-, two- and three-bedroom apartments and two-bedroom villa homes and shared amenity spaces, set in a park-like landscape with interconnected pedestrian walkways and courtyards.

Ziegler is pleased to welcome Katelyn McCauley to our team as Vice President, Head of Senior Living Research!

A September 2025 Ziegler CFO Hotline^SM report weighs in on growth opportunities for senior living and care organizations. It reveals a sector optimistic about future demand although realistic about the challenges of growth. Findings from the survey report were first shared at the 2025 Ziegler Senior Living Finance + Strategy Conference, where growth emerged as a central theme.

Ziegler is pleased to announce the successful pricing of $41,710,000 Series 2025A Bonds for Pennybyrn. Pennybyrn currently operates 222 independent living units, 48 assisted living units  and 125 skilled nursing beds in High Point, North Carolina. Bond proceeds will primarily be used to refund outstanding Series 2015 Bonds as well as fund a variety of campus improvements.