PRESS RELEASES

Ziegler is pleased to announce its role as exclusive financial advisor to Cedar Community on the sale of Cedar Community Elkhart Lake, a 67-unit independent living and assisted living center in Elkhart Lake, WI. Matter Development purchased the property and along with its affiliate, Koru Health, will operate the community.

Ziegler is pleased to announce the closing of a private placement of subordinate senior living revenue bonds for Convivial Jacaranda Trace, LLC. Originally built in 1998, Jacaranda Trace is part of a multi-phase master developed campus in Venice, FL. Bond proceeds will be used to reimburse the borrower for the purchase of additional villas and various campus improvements.

Ziegler announces the closing of ACTS Retirement-Life Communities $68,530,000 Series 2023 Tax-Exempt Bonds. Incorporated in 1971, Acts currently operates 27 communities in 9 states with over 9,700 total units. Bond proceeds will be used to reimburse a line of credit for prior project costs in Delaware and to fund future project costs in both Delaware and Pennsylvania.

Ziegler announces the successful closing of Williamsburg Landing’s $76,910,000 Series 2024 Bonds. Situated on 138 wooded acres in Williamsburg, VA, the community is using bond proceeds to acquire additional land and develop an expansion known as Anchor Cove that will feature 27 terrace homes, 12 village apartments and a new community center.

Ziegler is pleased to announce its role as exclusive financial advisor to Ludi, a leading physician-payment automation software platform, on its growth recapitalization with Great Point Partners. The growth recapitalization will enable Ludi to expand its market-leading suite of products and enhance the value proposition it offers to health care organizations.

Ziegler is pleased to announce the successful pricing of Westminster-Canterbury on Chesapeake Bay’s $423,480,000 Series 2023A and 2023B Bonds. WCCB is carrying out an expansion to the Community, consisting of a new 22-story independent living apartment building totaling approximately 740,000 gross square feet on land adjacent to the community.

Ziegler is pleased to announce its role as exclusive financial advisor to Med First, a leading provider of primary and urgent care in the Carolinas and portfolio company of Sverica Capital, on its recent debt refinancing with Twin Brook Capital Partners.

Ziegler is pleased to announce it served as the exclusive financial advisor to Southtowns Radiology, a leading provider of radiology services in Western New York, on the sale of their outpatient imaging center business to Rezolut, a portfolio company of private investment firm Sunny River Management.

Ziegler, is pleased to announce its role as exclusive financial advisor to Opal Senior Living on obtaining financing for the acquisition of a 72-unit assisted living and memory care community located in Wisconsin.

Ziegler is pleased to announce its role as exclusive financial advisor to Marquee Capital on the sale of BrightStar Senior Living Fort Wayne, a 41-unit assisted living and memory care center located in Fort Wayne, Indiana.