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Fairview secures $304,170,000 in debt financing for its Vista Point Project, aiming to expand its senior living facilities. Ziegler acted as the underwriter for the project.
Amount Raised
$304 Million
Round Type
Debt Financing
ChicagoInvestors
Description
Fairview has closed a financing of $304 million for its Vista Point Project, one of the largest senior living tax-exempt bond transactions in Connecticut. This financing will fund construction and repay existing debts. The project will add numerous new living units and amenities aimed at enhancing the community. With 70% of independent living units presold, the expansion is set to significantly enhance services.
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