Ziegler is pleased to announce the successful closing of Brio Living Services’ $113,500,000 Series 2025 Bank Direct Placement Draw Down Bonds. Located in Michigan, Brio provides a full continuum of care across four market-rate LPCs: Chelsea Retirement Community, Porter Hills Village, The Cedars of Dexter, Cook Valley Estates, and Meadowlark Retirement Village — alongside six affordable housing communities, a 50% ownership in one additional affordable community, and minority interests in two others. Bond process will be used to finance Phase I of the Porter Hills Village Campus modernization project in Grand Rapids.