Ziegler's Strategic Role in the Sale of Asbury Place Maryville in Tennessee
On November 5, 2025, Ziegler, a specialized investment bank with expertise in healthcare and senior living sectors, announced its pivotal role as the exclusive financial advisor for McFarlin Group during the sale of Asbury Place Maryville, a distinctive 117-unit entrance fee community situated in the scenic Maryville, Tennessee. This community is not just an array of residences but a venture that encompasses various living arrangements, including 73 modern independent living apartments and cottages, alongside two 22-unit assisted living and memory care buildings, which were established in 2017.
The 40-acre property is strategically located at the foothills of the beautiful Smoky Mountains, providing residents with not only a community atmosphere but also breathtaking natural views. A significant aspect of this sale includes the decommissioned 43,000 square foot assisted living building, which the new owner, HutsonWood, plans to redevelop to better serve the community’s needs.
HutsonWood, a mission-driven, non-profit senior living organization founded in 1988, officially acquired the property on November 1, 2025, and has commenced operations. Headquartered in Nashville, HutsonWood is known for providing a range of market-rate and affordable housing solutions across Tennessee. This acquisition strengthens its market presence in the Knoxville Metropolitan Statistical Area (MSA), enhancing its commitment to delivering high-quality living experiences to more seniors in the region.
Douglass B. Smith, President and CEO of HutsonWood, commented on the acquisition by saying, "Our philosophy has always been to deliver compassionate, resident-centered services and enriching environments. Acquiring Asbury Place Maryville allows us to bring those standards of excellence to the Maryville area, while also advancing our strategic goal of operating life plan communities."
Matt Johnson, Managing Partner of McFarlin Group, expressed his satisfaction with Ziegler’s contribution to the sale, stating, "Ziegler's focus on identifying a select group of qualified buyers was key in finding a strategic partner for the Community that understands the complexities of the entrance-fee product and will be able to achieve continued success at Asbury Place Maryville."
Nick Glaisner, Managing Director in Ziegler's Senior Housing and Care Practice, shared his insights on the significance of this transition, remarking, "It was an honor and pleasure working with McFarlin and HutsonWood on this successful transition. HutsonWood exemplifies the trend we see of growth-focused, non-profit organizations being aggressive in today's acquisition market."
Ziegler Investment Banking specializes in delivering top-tier advisory and financing solutions tailored for companies and organizations in the healthcare industry. With a focus on healthcare services, information technology, and senior living, they have established themselves as one of the most active firms in M&A, offering innovative sell-side, buy-side, recapitalization, restructuring, and strategic partnering services.
For more insights or to learn more about Ziegler, visit their official website at www.ziegler.com. Ziegler operates as a privately-held, national boutique investment bank focused primarily on sectors such as healthcare, senior living, education, and municipal finance, providing a spectrum of services including capital raising, strategic advisory, fixed income sales, underwriting, and trading, as well as analytics.
Forward-looking statements made in press releases are subject to various uncertainties and risks, reflecting not just the clients’ experiences but also the market dynamics across the securities and healthcare sectors. It is also important to keep in mind that each client's journey with Ziegler may vary, and such outcomes do not guarantee similar future results.
The 40-acre property is strategically located at the foothills of the beautiful Smoky Mountains, providing residents with not only a community atmosphere but also breathtaking natural views. A significant aspect of this sale includes the decommissioned 43,000 square foot assisted living building, which the new owner, HutsonWood, plans to redevelop to better serve the community’s needs.
HutsonWood, a mission-driven, non-profit senior living organization founded in 1988, officially acquired the property on November 1, 2025, and has commenced operations. Headquartered in Nashville, HutsonWood is known for providing a range of market-rate and affordable housing solutions across Tennessee. This acquisition strengthens its market presence in the Knoxville Metropolitan Statistical Area (MSA), enhancing its commitment to delivering high-quality living experiences to more seniors in the region.
Douglass B. Smith, President and CEO of HutsonWood, commented on the acquisition by saying, "Our philosophy has always been to deliver compassionate, resident-centered services and enriching environments. Acquiring Asbury Place Maryville allows us to bring those standards of excellence to the Maryville area, while also advancing our strategic goal of operating life plan communities."
Matt Johnson, Managing Partner of McFarlin Group, expressed his satisfaction with Ziegler’s contribution to the sale, stating, "Ziegler's focus on identifying a select group of qualified buyers was key in finding a strategic partner for the Community that understands the complexities of the entrance-fee product and will be able to achieve continued success at Asbury Place Maryville."
Nick Glaisner, Managing Director in Ziegler's Senior Housing and Care Practice, shared his insights on the significance of this transition, remarking, "It was an honor and pleasure working with McFarlin and HutsonWood on this successful transition. HutsonWood exemplifies the trend we see of growth-focused, non-profit organizations being aggressive in today's acquisition market."
Ziegler Investment Banking specializes in delivering top-tier advisory and financing solutions tailored for companies and organizations in the healthcare industry. With a focus on healthcare services, information technology, and senior living, they have established themselves as one of the most active firms in M&A, offering innovative sell-side, buy-side, recapitalization, restructuring, and strategic partnering services.
For more insights or to learn more about Ziegler, visit their official website at www.ziegler.com. Ziegler operates as a privately-held, national boutique investment bank focused primarily on sectors such as healthcare, senior living, education, and municipal finance, providing a spectrum of services including capital raising, strategic advisory, fixed income sales, underwriting, and trading, as well as analytics.
Forward-looking statements made in press releases are subject to various uncertainties and risks, reflecting not just the clients’ experiences but also the market dynamics across the securities and healthcare sectors. It is also important to keep in mind that each client's journey with Ziegler may vary, and such outcomes do not guarantee similar future results.
Topics Financial Services & Investing）
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