OHIO — Meridian Capital Group has arranged $136 million in acquisition financing for a portfolio containing 10 skilled nursing facilities throughout Ohio.
Finance
CHICAGO — Tom Paprocki, CEO of Chicago-based investment bank Ziegler, has announced he will retire effective March 31, 2018. Dan Hermann, currently head of Ziegler’s investment banking division, will be add the roles of president and CEO upon Paprocki’s retirement.
SCRANTON, Pa. — HJ Sims has provided $12.5 million in financing for PA-LTC, an affiliate of the Guardian Foundation. The loan will refinance some debt and fund renovations at Linwood Nursing and Rehabilitation Center, a skilled nursing facility in Scranton.