Multi-Site Senior Living

Ziegler is pleased to announce its role in the closing of Green Cay Life Plan Village’s $36,175,000 Series 2022A Notes. Green Cay LPV will develop, own, and operate a new continuing care retirement community located in Boynton Beach, FL in Palm Beach County.

Ziegler is pleased to announce its role in the closing of Green Cay Life Plan Village’s $36,175,000 Series 2022A Notes. Green Cay LPV will develop, own, and operate a new continuing care retirement community located in Boynton Beach, FL in Palm Beach County.

Our partners at National Investment Center for Seniors Housing & Care (NIC) are once again providing an in-depth analysis of the Life Plan Community (LPC)/CCRC occupancy figures for the most recent quarter of 2022. The focus of this issue of Z-News is a deep-dive into the Q2 data for the LPC/CCRC segment with guest contributor Omar Zahraoui with NIC.

The August 2022 Ziegler CFO Hotline poll was devoted to the topic of Growth Projections. Over 220 not-for-profit senior living CFOs and financial professionals from around the country responded to the survey, with 62% representing single-site organizations and 38% from multi-site organizations.

Ziegler is pleased to announce the successful closing of a $17,775,000 taxable bank placement for The View Alexandria by Goodwin Living™, a subsidiary of Goodwin Living. Proceeds funded Goodwin Living’s acquisition of an existing senior living community located directly across the street from Goodwin House Alexandria.

The past few years have been incredibly disruptive to the senior living and care sector. It's unsurprising organizations are looking for ways to partner to achieve greater scale and pool resources. This Z-News provides an update on the level of activity and recent trends among not-for-profit providers.

Ziegler is pleased to announce the closing of three taxable loans for Well-Spring, A Life Plan Community, Inc. located on approximately 90-acres in Greensboro, NC, to acquire a community in Burlington, NC and expand its services. Known as The Village at Brookwood, Well-Spring has served as manager of the community since 2015.

Ziegler is pleased to announce its role in the closing of $197,735,000 of Series 2022 Bonds for the Outlook at Windhaven Forefront Living in Plano, TX. Proceeds will be used to finance a new retirement community featuring 153 independent living apartments, 30 independent living cottages, 32 assisted living units and 24 memory support units.

This week marks the launch of the 5th Annual Ziegler Link·Age Fund Symposium. This year’s event, held at our Chicago headquarters, encompassed attendees from across all three Ziegler Link·Age Funds, the most recent closing roughly one month ago. The nearly 170 attendees included Limited Partners, Portfolio Companies and other strategic partners. The day-long event featured innovation, technological advancement, creative partnerships and solutions to some of today’s greatest challenges within the sector.

Ziegler announces the successful closing of Shenandoah Valley Westminster-Canterbury’s $71,000,000 Series 2022A and 2022B Bonds. Located in Winchester, VA, SVWC was founded in 1982 and provides housing, health care and other services to nearly 400 residents on its 87-acre campus. Proceeds from the bank loans will be used to fund an independent living unit expansion project known as the Hackwoods, the first phase of which will include 48 new independent living unit apartments.