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Ziegler Closes $72,000,000 Financing for Air Force Enlisted Village

Ziegler is pleased to announce the successful closing of the Series 2025 Bonds for the benefit of Air Force Enlisted Village. The obligor owns and operates the retirement community located on 130 acres in Shalimar, Florida to house widows of enlisted veterans of the United States Air Force and currently, if space is available, retired enlisted Air Force couples, single Air Force retirees, enlisted retirees from other branches of the armed services and spouses of enlisted members who die or who were killed on active duty or active-duty members. The community consists of six independent living villages that make up Bob Hope Village and an assisted living facility built in 2005 called Hawthorn House. Bond proceeds will primarily be used to refinance existing debt and fund the construction of Village 7 planned to consist of 51 independent living units.