Ziegler Closes Financing for Friendship Village of Kalamazoo
Ziegler is pleased to announce the successful closing of Friendship Village of Kalamazoo’s $103,585,000 Series 2026A, B-1, B-2, and B-3 Bonds. Located on approximately 72 acres within the city limits of Kalamazoo, Michigan, the 364-unit life plan community consists of 230 independent living units, 54 assisted living units in its Woodside facility, 23 memory care units and 57 skilled nursing beds. Bond proceeds will primarily be used to fund the expansion and updating of FVK’s campus by adding new and upgraded amenities, along with adding more independent living housing and replacing the existing skilled nursing building thereby creating the “next generation” of senior living at the community.