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Ziegler Closes $61,300,000 Financing for Aldersly (CA)

Ziegler announces the successful closing of the $61,300,000 Aldersly Series 2023 Bonds. Located in San Rafael, CA, Aldersly will primarily use the bond proceeds to fund the construction of a 35-unit residential care facility. The Series 2023 Bonds are rated “AA-” by Standard & Poor’s based on credit enhancement provided by the Cal-Mortgage Loan Insurance Program.