Ziegler

Chicago – November 02, 2026 -- Ziegler has closed a 35-year, fixed-rate, fully amortizing FHA/HUD Section 232/223(f) refinancing for Magnolia Crossing Senior Living, a nonprofit assisted living and memory care community in Clovis, California.

HUD loan replaces construction-era debt with permanent financing

The transaction retires the community's construction-era debt and substitutes permanent, long-term financing with competitive interest rates and flexible future financing options. The release did not disclose the loan principal or the interest rate.

The deal also funded roughly $660,000 of owner-elected capital improvements, including solar energy infrastructure. It established what Ziegler described as substantial reserves for future repairs and replacement needs.

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.

Chicago – September 17, 2026 -- Ziegler, a specialty investment bank, has appointed Michele Saunders as Senior Vice President of Strategic Partnerships for its Senior Housing & Care Finance Practice, bringing more than 20 years of healthcare and senior living experience to the firm.

Saunders joins with a track record spanning growth, sales and marketing leadership in senior living and healthcare

Prior to Ziegler, Saunders served as Chief Growth Officer at Go Icon, an engagement software company, and spent nearly 11 years with HealthPRO Heritage, a former Link-age Fund portfolio company. A trained physical therapist, she also has AgeTech experience, most recently with AI startup Meela.