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Ziegler Closes $95,570,000 Financing For The Forest at Duke

Ziegler announces the closing of The Forest at Duke (TFAD) $95,570,000 Series 2022A Bonds. Located in the City of Durham, NC, TFAD first opened to residents in 1992 and currently serves over 360 residents.  Bond proceeds will be used to fund Phase 2 of a campus repositioning which includes the construction of a new 71 independent living unit apartment building.