Ziegler is pleased to announce the successful closing of River’s Edge, the largest senior living tax-exempt bond transaction to date. River’s Edge is the first CCRC project in New York City and will be located on the campus of its Sponsor, RiverSpring Living, in the Riverdale section of the Bronx. River‘s Edge will be located on land leased from the Hebrew Home at Riverdale, and is expected to be an approximately 441,000-square-foot, 11-story building with 260 independent living apartment units. The Project will include luxurious one- and two-bedroom floor plans, showcasing breathtaking views of the Hudson River, the Palisades, the George Washington Bridge, and the Manhattan skyline and will be an Article 46 Lifecare CCRC regulated by the NYS Department of Health and the NYS Department of Financial Services.