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Ziegler Closes $304,170,000 Financing for Fairview

Ziegler is pleased to announce the successful closing of Fairview’s Vista Point Project, one of the largest senior living tax-exempt bond transactions to date in the state of Connecticut. The retirement community has evolved over the past 134 years, from a single structure retirement home to a licensed Continuing Care Retirement Community offering independent living apartments, cottage homes and a nursing home on approximately 70 acres in Groton. Bond proceeds will primarily be used to fund the Vista Point expansion project on the current campus on an undeveloped parcel of land owned by the organization for over a century. The expansion will result in the addition of 193 entrance fee new independent living units, 44 assisted living units, and 28 memory support units.