Finance

COLUMBUS, Ohio — Ziegler, a specialty investment bank, has arranged $22 million in tax-exempt, fixed-rate bonds for Ohio Presbyterian Retirement Services, a nonprofit operator of 12 seniors housing communities in Ohio. Concurrent with the financing, the borrower changed its name to Ohio Living.

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RANCHO SANTA MARGARITA, Calif. — Institutional Property Advisors Capital Markets (IPA), an affiliate of Marcus & Millichap, has arranged $19.6 million in financing for the acquisition of Buena Vida at Town Center, a 115-unit age-restricted community in the Los Angeles suburb of Rancho Santa Margarita.

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