GLENCROFT, Ariz. — Ziegler, a specialty investment bank, has arranged $20.5 million in non-rated, fixed-rate bonds for Glencroft Senior Living, a continuning care retirement community (CCRC) in Glendale.
Finance
When Mike Taylor, now with First Midwest Bank, first entered the seniors housing sector 13 years ago, he joked to friends that he was in the “sexy senior living space.” Fast-forward to today, and his comment has proven to be more prophetic than he probably could ever have imagined.
Capital One Provides $10.3M HUD Refinancing for Two Skilled Nursing Facilities in Illinois
by Jeff Shaw
CARBONDALE and ANNA, Ill. — Capital One has provided two fixed-rate, HUD 232/223(f) loans totaling $10.3 million to refinance a 70-bed skilled nursing facility in Anna and a 131-bed skilled nursing facility in Carbondale. The names of the facilities were not disclosed.