Ziegler Closes Financing for the Givens Obligated Group
Ziegler is pleased to announce the successful pricing of $90,000,000 Series 2026 Bonds for the Givens Obligated Group. Givens owns and operates two CCRCs that, combined, operate 966 total residences in Asheville and Black Mountain, North Carolina. Bond proceeds will primarily be used to fund the addition of 63 independent living residences at Givens Highland Farms, fund the acquisition of a newly acquired building to be used at the corporation’s corporate offices, and fund pre-development costs and early construction activities associated with planned additional independent living residences and health services renovations.