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Ziegler Closes $47,145,000 Financing for the United Methodist Retirement Communities Obligated Group

Ziegler is pleased to announce the successful closing of the UMRC Obligated Group – Porter Hills Presbyterian Village Project’s Series 2020 Bonds. This financing marks the co-obligation of UMRC and Porter Hills, who affiliated in 2019 using the services of Ziegler’s Sponsorship Transition Advisory Practice. Proceeds of the Bonds will primarily be used to refinance Porter Hills’ existing bank debt.