Single-Site Senior Living

Each year, we use the early weeks of Z-News to reflect on the year behind us and what to anticipate for the year ahead. So, what do we see as the hot topics and areas of greatest focus as we forge ahead in 2024? Click to find out.

Ziegler is pleased to announce its role as Strategic Advisor to Pleasant Spring Communities in their affiliation with HumanGood. Pleasant Spring Communities operates both the Springhouse Senior Living Community and Mount Pleasant Home, situated in Boston, Massachusetts. After a thorough solicitation and evaluation process led by Ziegler, including careful consideration of numerous qualified local, regional and national not-for-profit senior living organizations, Pleasant Spring Communities selected HumanGood based upon their respected reputation, financial strength and shared values.

Each year, we use the early weeks of Z-News to reflect on the year behind us and what to anticipate for the year ahead. So, what do we see as the hot topics and areas of greatest focus as we forge ahead in 2024? Click to find out.

Senior Living Stats and More

Ziegler is pleased to welcome Mimi Rossi to our team as the Head of Senior Living Research!

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.

The team at Ziegler wishes you a safe and joyous holiday season. Thank you for your hard work and dedication this past year. Best wishes for a happy, healthy and prosperous new year.