Multi-Site Senior Living

Ziegler is pleased to announce the successful closing of the Eskaton Obligated Group’s $82,895,000 Series 2024 Bonds. Incorporated in 1967, Eskaton is a leading aging services provider in Northern California dedicated to enhancing the lives of older adults. Eskaton will utilize the bond proceeds to fund capital improvements across its five Obligated Group communities and to refinance all of its outstanding debt.

Ziegler is pleased to announce the addition of John Gast, Vice President to its Senior Housing & Care Finance Practice located in Chicago. In this capacity, Gast will provide transaction support by overseeing the analytical and underwriting efforts, as well as contributing with deal structuring and execution. Before joining Ziegler, Gast spent six years at Cambridge Realty Capital, where he specialized in debt solutions for the senior housing and long-term care market.

Next week, Ziegler will be hosting its 27th Annual Ziegler Senior Living Finance + Strategy Conference. We are excited to be gathering for this impactful and high-caliber event. Ziegler staff will be joined by more than 650 attendees ranging from the country’s leading senior living executives, business firms, banks, and investors. Attendees will have access to the latest industry research, case studies, and best practices across more than 20 conference sessions. This is in addition to the high-quality networking and strategic meetings that take place across the three days of the conference.

A glossary of senior living finance terms

Ziegler is pleased to announce the successful closing of Garden Spot Village’s $67,270,000 Series 2024 Bonds. Located in New Holland, PA and ranked #2 in Newsweek Magazine’s rankings of America’s Best Continuing Care Retirement Communities 2024, Garden Spot will use the bond proceeds to refund its outstanding Series 2019 bank obligations.

LeadingAge, the association of nonprofit providers of aging services, and Ziegler, the nation’s leading underwriters of financings for not-for-profit senior living providers, today released the 21st Annual LeadingAge Ziegler (LZ 200) report.

This week, Ziegler and LeadingAge released the 21st Edition of the LeadingAge Ziegler 200 (LZ 200) publication. The report details the nation’s 200 largest not-for-profit senior living providers, as well as relevant business trends for the industry. The report is developed annually through a partnership between Ziegler, one of the nation’s leading underwriters of financings for not-for profit senior living providers in the United States, and LeadingAge, the nation’s largest association of nonprofit aging service providers in the country.

This week, Ziegler and LeadingAge have released the 21st Edition of the LeadingAge Ziegler 200 (LZ 200) publication. The report details the nation’s 200 largest not-for-profit senior living providers, as well as relevant business trends for the industry.

Ziegler is pleased to announce the successful closing of the Trinity Terrace $72,550,000 Series 2024 Bonds. Pacific Retirement Services, Inc. is the corporate parent of Trinity Terrace, a premier CCRC in Fort Worth, TX. The community includes four components to facilitate aging: 316 independent living apartments, 12 assisted living apartments, 17 memory support apartments and 42 skilled nursing beds. The community’s skilled nursing facility currently has a Five Star Rating from CMS. Bond proceeds will be used to refund existing debt.

Ziegler is pleased to announce the successful closing of the Bayview $13,285,000 Series 2024 Bonds. Established in 1961 and located in Seattle, WA, Bayview owns and operates a CCRC for more than 199 residents in its 133 independent residential apartments and 44 assisted living apartments. Bond proceeds will be used to fund the installation of new exterior windows across the communities as well as improvements to exterior balconies and other capital expenditures at the community.