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Ziegler Closes $107,165,000 Financing for Heron’s Key (WA)

Ziegler is pleased to announce the successful closing of the Heron’s Key Phase II Project, funded with $107,165,000 Series 2026AB Bonds. Located in Gig Harbor, Washington, Heron’s Key is situated on an 18-acre campus combining a picturesque Pacific Northwest setting with a full continuum of care and resort-style amenities. The community offers 194 independent living units (including 10 independent living duplex cottages), 36 assisted living units with 38 licensed beds, 13 memory care units and 30 skilled nursing beds for more than 300 residents. Heron’s Key is undertaking a significant expansion comprised of a new 111,656 square foot building that will add 54 new residential units, a swimming pool, dining venue and resident amenities, and a renovated connection between the new and existing buildings, as well as renovating thirteen of the existing skilled nursing units at Heron’s Key to seven assisted living units.