Ziegler Successfully Completes $44 Million Financing for Frasier to Expand Senior Living Options
Ziegler, a distinguished investment bank specializing in financing for not-for-profit senior living providers, has announced the successful closing of a $44,140,000 Series 2025A Bonds financing for Frasier, a non-profit life plan community located in Boulder, Colorado. This significant financial achievement was facilitated through the Colorado Health Facilities Authority, illustrating the ongoing partnership between Ziegler and Frasier which dates back to the community's inception in the 1950s.
Frasier Meadows Manor, Inc., often referred to simply as Frasier, is not only one of the pioneering retirement communities in Boulder but also the only life plan community that offers a comprehensive range of care options. Established in 1956, Frasier has evolved to provide 303 independent living apartments, 19 assisted living apartments, 19 memory care apartments, and a skilled nursing facility that has received a commendable 5-star rating from CMS. What sets Frasier apart is its