Ziegler Closes $58M in Financing for Retirement Community in Virginia

Specialty investment bank Ziegler announced it closed on $58,240,000 Series 2021A, Series 2021B and 2021 taxable loan for a James City County, Va.-based continuing care retirement community, Skilled Nursing News reports.

The community consists of 181 independent living units, 14 assisted living units, 18 memory support units and 22 skilled nursing beds and sits on a 105-acre campus.

Virginia United Methodist Homes, doing business as Pinnacle Living, is a not-for-profit corporation which was incorporated in 2003, and owns and operates the WindsorMeade Williamsburg. Read more.

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$56.8M Bond Deal For Ziegler: Report

Chicago-based specialty investment bank Ziegler announced in July it closed on $56,850,000 Series 2021 Bonds for a continuing care retirement community for not-for-profit corporation, Westminster.