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Ziegler Closes $633M Financing for NYC’s First CCRC

Specialty investment bank Ziegler has closed on $632,925,000 financing for River’s Edge, reportedly the largest senior living tax-exempt bond transaction to date. River’s Edge is the first

Summary

Specialty investment bank Ziegler has closed on $632,925,000 financing for River’s Edge, reportedly the largest senior living tax-exempt bond transaction to date.

River’s Edge is the first contiuing care retirement community project in New York City and will be located on the campus of its sponsor, RiverSpring Living, in the Riverdale section of the Bronx....

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