Ziegler, a specialty investment bank and LeadingAge Kansas Premier Business Partner, is pleased to announce the successful closing of the $52,030,000 financing for Lakeview Village, Inc., a long-standing Ziegler client and LeadingAge Kansas member. Proceeds of the financing, together with other funds, are being used to: (i) refund Lakeview Village’s Series 2007 Bonds, (ii) fund debt service reserve funds, and (iii) pay costs of issuance. As a result of this refinancing, Lakeview will save $455k per year, with net present value savings of $4.91 million, or 8.68% of the refunded bonds. Ziegler is one of the nation’s leading underwriters of financing for not-for-profit senior living providers. Ziegler offers creative, tailored solutions to its senior living clientele, including investment banking, financial risk management, merger and acquisition services, investment management, seed capital, FHA/HUD, capital and strategic planning as well as senior living research, education, and communication. More information about Ziegler.
