A Restaurant-To-Seniors Housing Conversion

A former restaurant and banquet facility in Lower Providence, Pennsylvania is being converted to seniors housing, so the kitchen and dining room are covered.  The restaurant, known as the Collegeville Inn, had its heyday in the 1950s and 60s, but after a couple of unsuccessful reboots, it closed for good in the early 2000s, when […]

Ziegler Arranges Bond Financing For First Vermont CCRC

When Vermont’s first CCRC, Wake Robin, was ready to expand its services and its campus to accommodate for its growing demand, it turned to Ziegler to arrange a $67.1 million bond financing to fund the project. Situated near Lake Champlain in a wooded 123-acre campus with many walking trails, the not-for-profit community got its start […]

Building Boston

Aaron Rosenzweig, Jim Dooley and Rick Swartz of Cushman & Wakefield recently arranged $16.3 million in construction financing and joint venture equity for LCB Senior Living and Blue Moon Capital Partners to develop an 80-unit senior living community in Shrewsbury, Massachusetts. Located about 35 miles west of Boston on a 5.4-acre site, the three-story building […]