#United States #Blaine #Ziegler #Crest View #Catholic Eldercare

Ziegler Facilitates Sale of Crest View Senior Community at Blaine

On April 30, 2026, Ziegler, a boutique investment bank specializing in healthcare and senior living sectors, proudly announced the completion of the sale of Crest View Senior Community, located in Blaine, Minnesota. This 164-unit senior living facility, part of a continuum campus, was sold to Catholic Eldercare, a respected not-for-profit organization based in Minneapolis.

The transaction marks a significant milestone for Crest View, aligning with their mission to ensure that the community remains connected to a faith-based organization. The acquisition allows Catholic Eldercare to expand its reach, as it will now manage eight communities within Northeast Minneapolis and the surrounding suburbs.

Ziegler's involvement in this transaction demonstrates their commitment to providing expert financial advisory services to the senior living sector. This is the third transaction that Ziegler has conducted with Crest View since early 2025, having previously facilitated the sale of Crest View on 42nd Street and the Crest View Lutheran Home.

Nick Glaisner, Managing Director of Ziegler's Senior Housing and Care Practice, expressed satisfaction with the process, stating, "It has been a pleasure working with the Crest View management team and Board to facilitate a smooth transition of Crest View's communities to quality operators. Achieving a par-exit for bondholders while ensuring exceptional care for residents is a commendable outcome."

Catholic Eldercare’s strategic plan also includes the management of Columbia Village, a HUD 202 apartment building located in Columbia Heights, which is also under the ownership of Crest View. This strategic expansion not only aims to enhance the service quality provided to residents but also strengthens Catholic Eldercare's position within the senior living market.

Ziegler has established itself as a leading advisor in the senior housing market, providing innovative financial and strategic guidance. Their expertise encompasses various sectors of the healthcare industry, including healthcare services, information technology, and hospital management.

About Ziegler

Ziegler is a nationally recognized investment bank that focuses on providing comprehensive financial services within healthcare, senior living, and education. With headquarters in Chicago and multiple regional offices across the United States, Ziegler offers capital raising, advisory services, fixed income sales, and analytics to a diverse clientele. Their commitment to the healthcare sector positions Ziegler as a prominent player in the investment banking landscape.

For more details about Ziegler and their services, please visit Ziegler's official website.