Ziegler Closes $10,500,000 Financing For Jacaranda Trace
Rich Scanlon, Senior Managing Director, Senior Living Finance at Ziegler stated, "Jacaranda Trace has experienced great success in the nearly 18 months since the acquisition by Convivial and management by LifeStar.
- Rich Scanlon, Senior Managing Director, Senior Living Finance at Ziegler stated, "Jacaranda Trace has experienced great success in the nearly 18 months since the acquisition by Convivial and management by LifeStar.
- In addition to the financing of the acquisition of the Community, Ziegler served as the underwriter and placement agent for a non-rated financing totaling $39,325,000 in January of 2022.
- Rick Grindrod, Board Chairman of Convivial, stated, "We are delighted to work with Ziegler in completing the Series 2023 Bonds for Jacaranda Trace.
- Joel Anderson, President and CEO of LifeStar stated, "LifeStar Living appreciates the expertise of Ziegler and is excited to serve alongside with Convivial and the dedicated employees at Jacaranda Trace."