Ziegler Closes $68,530,000 Financing For ACTS Retirement-Life Communities, Inc.
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.