Ziegler is pleased to announce the successful closing of a $30,000,000 tax-exempt fixed rate bond issue for Butterfield Trail Village, Inc. (BTV), an Arkansas not-for-profit CCRC located on 48-acres in Fayetteville. BTV currently consists of 280 independent living units, 12 assisted living units, and 78 skilled nursing units. Bond proceeds will primarily be used to finance and refinance (i) construction of a new assisted living facility with 38 units; (ii) conversion of the existing assisted living center into seven new independent living units; (iii) new office space for the marketing and business office teams; and (iv) $11.2 million of past capital expenditures for 2025 and future capital expenditures for 2026 and 2027.