Ziegler Closes $53,800,000 Financing For Meadowlark Hills (KS)
Ziegler is pleased to announce the successful closing of Meadowlark Hills’ $53,800,000 Series 2025 Bonds through the City of Manhattan, Kansas. Founded in 1975, Meadowlark is a single-site life plan community in Manhattan, Kansas with 359 units: 137 ILU apartments, 50 ILU duplexes & cottages, 38 ALU apartments, and a 134-bed SNF (60 private beds and 74 semi-private). To address its 400 member waitlist, Meadowlark will use bond proceeds to fund its next expansion “The Aster” which is a 43-unit independent living apartment building with 64 underground parking spaces, a clubhouse on the top floor, fitness center, classroom space for Meadowlark’s Cancer, Parkinson’s, and Alzheimer’s program, and an enlargement and beautification of the community’s pond. Meadowlark has presold 42 of the 43 new apartments.