Ziegler, a specialty investment bank, is pleased to announce the successful closing of the
Today, the Borrower owns and operates a continuing care retirement community providing independent living and 24-hour nursing care to approximately 200 residents on a 21.5-acre site southeast of
Proceeds of the Bonds will be used to (i) fund the redevelopment of the community, including the addition of 75 new independent living apartments (including 40 cottage homes in one-story buildings and 35 apartments), and a "
Mary MuÑoz, Managing Director in Ziegler's Senior Living practice, stated, "It has been exciting to see Rose Villa's very focused team craft such an interesting and somewhat unique redevelopment plan, with their award-winning 'pocket neighborhood' concept. The campus has really stayed true to its niche in the greater
Ziegler is one of the nation's leading underwriters of financing for not-for-profit senior living providers. Ziegler offers creative, tailored solutions to its senior living clientele, including investment banking, financial risk management, merger and acquisition services, investment management, seed capital, FHA/HUD, capital and strategic planning as well as senior living research, education, and communication.
For further information on the structure and use of this issue, please see the Official Statement located on the Electronic Municipal Market Access system's Document Archive.
For more information about Ziegler, please visit us at http://www.Ziegler.com.
Certain comments in this news release represent forward-looking statements made pursuant to the provisions of the Private Securities Litigation Reform Act of 1995. This client's experience may not be representative of the experience of other clients, nor is it indicative of future performance or success. The forward-looking statements are subject to a number of risks and uncertainties, in particular, the overall financial health of the securities industry, the strength of the healthcare sector of the U.S. economy and the municipal securities marketplace, the ability of the Company to underwrite and distribute securities, the market value of mutual fund portfolios and separate account portfolios advised by the Company, the volume of sales by its retail brokers, the outcome of pending litigation, and the ability to attract and retain qualified employees.
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Read the full story at http://www.prweb.com/releases/2014/07/prweb12001065.htm
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