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Ziegler Closes Financing for LifeSpire of Virginia

Ziegler is pleased to announce the successful closing of LifeSpire of Virginia’s $171,230,000 Series 2026 Bonds. LifeSpire currently owns and operates five Life Plan Communities; Lakewood (Richmond), The Culpeper (Culpeper), The Chesapeake (Newport News), The Glebe (Daleville) and The Summit (Lynchburg); totaling 952 independent living, 225 assisted living, 108 memory support and 226 nursing residences. The Series 2026 Bonds will fund expansion projects at Lakewood and The Summit communities as well as refund outstanding Series 2016 Bonds.