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Ziegler Closes $77,115,000 Financing Josephine Caring Community (WA)

Ziegler is pleased to announce the successful closing of Josephine Caring Community’s $77,115,000 Series 2025ABC Bonds. Established in 1908 in Stanwood, Washington, Josephine owns and operates a 131-bed skilled nursing facility, a 57-unit assisted living home licensed for 65 residents and an intergenerational child-care program licensed to serve 111 children. Bond proceeds will primarily be used to finance the Cascade Village Project in Marysville, Washington; a new independent living community featuring 63 one-, two- and three-bedroom apartments and two-bedroom villa homes and shared amenity spaces, set in a park-like landscape with interconnected pedestrian walkways and courtyards.