Ziegler Facilitates Sale of 310-Unit CCRC in Austin, Texas

AUSTIN, Texas — Ziegler, a specialty investment bank, has arranged the “membership substitution” — effectively a sale — of Longhorn Village, an entrance-fee continuing care retirement community in Austin.

Brazos Presbyterian Homes acquired the nonprofit community from an alumni group named The Ex-Students’ Association of the University of Texas (or the “Texas Exes”). Ziegler represented the buyer in the transaction, the details of which were not disclosed.

Situated on 55 acres, Longhorn Village features 214 independent living units, 20 assisted living units, 16 memory care units and 60 skilled nursing beds.