Investment bank Zigler announced the closure of more than $24.4 million in financing for Otterbein Home Obligated Group in series 2021B Bonds, reports Senior Housing News.
The bonds were issued through the state of Ohio, where Otterbein Homes and Otterbein SeniorLife is based.
The tax-exempt corporation operates more than independent living units, 475 assisted living units and 1,000 skilled nursing beds across nine SeniorLife communities and nine neighborhoods.