Ziegler Arranges $66.5 Million Financing for Senior Living Facilities
Ziegler has closed financings totaling $66.5 million for two senior living affiliates, Maple Knoll Communities and Westminster Village North. The funding includes Series 2026 Refunding Revenue Bonds for both organizations.
Ziegler has announced the successful closing of financings for two senior living organizations. Maple Knoll Communities in Cincinnati, Ohio, secured $23,465,000 through its Series 2026 Refunding Revenue Bonds. Westminster Village North, located in West Lafayette, Indiana, obtained $43,000,000 via its Series 2026 Refunding Revenue Bonds.
Ziegler served as the municipal advisor and senior underwriter for both transactions. These refunding bonds are intended to provide capital for the organizations' ongoing operations and future development within the senior living sector.
The financings are crucial for Maple Knoll Communities and Westminster Village North as they continue to provide housing and services to the growing senior population. The healthcare and senior living sector continues to see demand for such facilities.
This financial activity underscores Ziegler's role in facilitating capital for organizations within the healthcare and senior living industries, enabling them to meet community needs and adapt to market demands.