Ziegler Arranges Austin Acquisition

Ziegler Arranges Austin Acquisition

Ziegler’s Investment Banking Senior Living team served as exclusive advisor to Brazos Presbyterian Homes, Inc. in its purchase of an entrance-fee CCRC in Austin, Texas. Featuring 173 independent living units, 41 IL villas, 20 assisted living units, 16 memory care units and 60 skilled nursing beds on about 55 acres, the community had previously been sponsored by The Ex-Students’ Association of the University of Texas, known as the Texas Exes. In a blind competitive national search to find the best candidate for affiliation, not-for-profit Brazos Presbyterian emerged as the winner, adding to its two existing communities in Houston. After signing a letter of intent in October 2017, Brazos... Read More »