WesBanco

Lourdes Senior Community Closes $32.5M Bond Financing With Ziegler, WesBanco

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Lourdes Senior Community Closes $32.5M Bond Financing With Ziegler, WesBanco

Chicago – October 02, 2026 -- Ziegler, a specialty investment bank, has closed a $32,453,000 Series 2026 financing for Lourdes Senior Community, a single-site not-for-profit senior living provider in Waterford, Michigan.

Bond structure splits refunding and new construction debt

The financing comprises $14,453,000 in Series 2026A Refunding Revenue Bonds and $18,000,000 in Series 2026B Bank Draw Down Bonds. Proceeds will refinance Lourdes' outstanding Series 2019 Bonds and fund construction of a new 60-unit independent living building.

WesBanco takes direct placement with full interest-rate swap

The Series 2026 Bonds were structured as a tax-exempt direct placement with WesBanco, including a 100% swap. The deal carries a 10-year bank credit commitment period through October 02, 2026, with final maturity set for October 02, 2026. Ziegler served as both placement agent and swap advisor on the transaction.

Spartan Logistics Acquires Allen Logistics, Expands Ohio Footprint

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Spartan Logistics Acquires Allen Logistics, Expands Ohio Footprint

Whitehouse, Ohio – September 15, 2026 -- Spartan Logistics has acquired Allen Logistics, a warehousing operator in Whitehouse, Ohio, adding 100,000 square feet of capacity and pushing the company's Northwest Ohio footprint to 950,000 square feet. The deal became effective September 1, 2026, and brings Spartan's total warehousing space to 4.5 million square feet across its multi-state network.

Acquisition adds seventh Northwest Ohio warehouse to Spartan's network

The Allen Logistics facility, located at 6245 Industrial Drive in Whitehouse, gives Spartan direct access to Swanton, Napoleon, and Perrysburg, complementing its existing Toledo operations. Chief Executive Officer Steve Harmon said Toledo has been a key market for Spartan for years and that the deal represents a continued investment in the region.