Multi-Site Senior Living

Ziegler is pleased to announce the successful closing of Simpson’s Series 2021 Bonds. Headquartered in Bala Cynwyd, Pennsylvania, the Obligated Group of three retirement communities will primarily use the bond proceeds to refinance outstanding debt and fund various capital expenditures.

The Mayflower Retirement Center, Inc. (the Obligor) is a Florida not-for-profit corporation formed in 1973. The Obligor
owns and operates The Mayflower Retirement Community (the Community), a “Type A” continuing care retirement community in Winter Park, Florida. The Community is located approximately six miles from the downtown area of Orlando.

The obligated group consists of a sole member, The Christian and Missionary Alliance Foundation, Inc., d/b/a Shell Point Retirement Community (Shell Point). Shell Point is Florida not-for-profit organization which owns and operates a retirement community on approximately 700 acres situated along the Caloosahatchee River on the southwest coast of Florida in Ft. Myers. Shell Point currently
includes seven distinctive neighborhoods consisting of a total of 1,322 independent living units, 359 available assisted living units,
and 198 available skilled nursing beds. Shell Point is an entrance fee plan community regulated under Chapter 651, Florida Statutes.

Ziegler is pleased to announce the successful closing of Christian Living Neighborhoods’ Series 2021 Bonds. CLN provides housing, healthcare, and community outreach programs to over 1,000 seniors and their families in Colorado. Bond proceeds will primarily be used to refinance existing debt.

Ziegler served as exclusive financial advisor in two bridge debt placements totaling $37,750,000 on behalf of Columbia Pacific Advisors to refinance the existing debt on The Landing at Lake Worth and The Linden at Stonehaven Square, two senior housing communities located in Lake Worth, Florida and Tulsa, Oklahoma.

Ziegler is pleased to announce the closing of Redstone Presbyterian SeniorCare Obligated Group’s Series 2021 Bonds. Redstone is a Pennsylvania corporation operating nearly 500 senior living units on three campuses. Proceeds from the bonds will primarily be used to refund existing bank debt.

Ziegler is pleased to announce the successful closing of the EveryAge’s (formerly United Church Homes and Services) $76,140,000 Series 2021A-D Bonds. Headquartered in North Carolina, the EveryAge Obligated Group consists of three life plan communities. Bond proceeds will primarily be used to refund existing debt.

Ziegler is pleased to announce the successful closing of Holland Home‘s Series 2021 Bonds and pricing of $32,960,000 Series 2022 Bonds. Headquartered in Grand Rapids, Michigan, Holland Home currently operates 12 facilities on two campuses. Proceeds from the Series 2021 Bonds will be used for capital improvements to Holland Home’s Breton Woods campus. Proceeds from the Series 2022 Bonds will primarily be used to refund existing debt.

Ziegler is pleased to announce the pricing of Williamsburg Landing’s $71,330,000 Series 2021 Bonds. A life plan community located on 138.56 wooded acres along the bank of College Creek in Williamsburg, Virginia, Williamsburg Landing will use the bond proceeds to primarily refund existing bank obligations.

Ziegler is pleased to announce the closing of a $38,680,000 fixed rate financing for PHW Muskego, an affiliate of Presbyterian Homes and Services, for the construction of a new senior living community, Stair Crest, in Muskego, Wisconsin.