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Ziegler Closes $47,840,000 Financing for Pennybyrn at Maryfield

Ziegler is pleased to announce the successful closing of Pennybyrn at Maryfield’s Series 2020 Bonds. Located on 72 acres in High Point, NC, Pennybyrn consists of 180 independent living units (131 apartments and 49 cottages); 48 assisted living units (24 standard care and 24 memory support); and 125 skilled nursing beds. Proceeds from the Bonds will finance 42 new independent living apartments, a transitional rehabilitation center and additional refurbishments on the campus.