Ziegler Advises Onelife Senior Living On Construction Loan | $24,000,000

By David Lemon.
Updated Apr 27, 2022

CHICAGO (PRWEB) April 27, 2022 - Ziegler is pleased to announce its role as financial advisor in a debt placement totaling $24,000,000 (the Financing or the Transaction) on behalf of Onelife Senior Living (Onelife or the Borrower) to finance the construction of the to-be-built Esther Assisted Living Community. The Esther will be located in Springfield, Oregon and will contain 103 assisted living units.

Onelife is a strategic developer, owner, and operator of senior housing communities. The Esther will be the fifth assisted living/memory care community owned by Onelife in Oregon. These investments have been a critical part of the companys strong regional footprint on the west-coast. The Financing provides a construction and bridge term for Onelife to build and stabilize the community prior to placing long-term, permanent, fixed-rate financing via long-term Agency debt. The Transaction was closed with asset management firm, Locust Point Capital, Inc. (LPC).

We were pleased to find a financing solution that worked for our client and allowed them to go forward with the construction of this new community during a time of rising costs in both the debt markets and the construction industry, stated Eric Johnson, Director in Zieglers Senior Housing & Care Finance Practice who led the transaction for Ziegler.

Zieglers Senior Housing & Care Finance Practice brings its experience and expertise to senior housing and post-acute care clients. By offering a comprehensive suite of products for debt, equity and M&A services, our professionals provide creative solutions that meet your organizations capital goals.

For more information about Ziegler, please visit us at http://www.ziegler.com.

About Ziegler: Ziegler is a privately held, national boutique investment bank, capital markets and proprietary investments firm. It has a unique focus on healthcare, senior living and education sectors, as well as general municipal and structured finance. Headquartered in Chicago with regional and branch offices throughout the U.S., Ziegler provides its clients with capital raising, strategic advisory services, fixed income sales, underwriting and trading as well as Ziegler Credit, Surveillance and Analytics. To learn more, visit http://www.ziegler.com.

Certain comments in this news release represent forward-looking statements made pursuant to the provisions of the Private Securities Litigation Reform Act of 1995. This clients experience may not be representative of the experience of other clients, nor is it indicative of future performance or success. The forward-looking statements are subject to a number of risks and uncertainties, in particular, the overall financial health of the securities industry, the strength of the healthcare sector of the U.S. economy and the municipal securities marketplace, the ability of the Company to underwrite and distribute securities, the market value of mutual fund portfolios and separate account portfolios advised by the Company, the volume of sales by its retail brokers, the outcome of pending litigation, and the ability to attract and retain qualified employees.

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