Chicago-based investment bank Ziegler announced it closed more than $116 million in series 2021 bonds with Methodist Retirement Communities, per Senior Housing News.
As a result of the financing, Happy Harbor Methodist Home, The Crossings, and Crestview will be added to four MRC-affiliated communities that are currently in the MRC portfolio.
MRC, based in the Houston area, owns and operates 13 senior living communities in Texas and ranks 59 on the 2021 LeadingAge Ziegler 200.