Chicago – October 01, 2026 -- Ziegler, a specialty investment bank, has closed a $32,453,000 Series 2026 financing for Lourdes Senior Community, a single-site not-for-profit senior living provider in Waterford, Michigan.

Bond structure splits refunding and new construction debt

The financing comprises $14,453,000 in Series 2026A Refunding Revenue Bonds and $18,000,000 in Series 2026B Bank Draw Down Bonds. Proceeds will refinance Lourdes' outstanding Series 2019 Bonds and fund construction of a new 60-unit independent living building.