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Ziegler Arranges $304M Tax-Exempt Bond for Groton Senior Living Expansion
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Ziegler Arranges $304M Tax-Exempt Bond for Groton Senior Living Expansion
Specialty investment bank Ziegler has closed on Fairview’s Vista Point Project, one of the largest senior living tax-exempt bond transactions to date in the state of Connecticut. The $304-million financing will be used to fund construction of the project, repay all outstanding indebtedness of the organization, establish a debt service reserve fund for each series of bonds; pay capitalized interest and pay certain costs. Fairview’s Vista Point ex…
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