The acquisition of Applewood, a continuing care retirement community in Freehold, New Jersey, was made possible through Ziegler securing a $42.5 million bond financing. The property spans 44 acres and comprises 300 independent living units, 37 assisted living units, 11 memory care units, and 60 skilled nursing units, financed through a combination of tax-exempt and taxable debt.

Summary of transaction details:

• Property Type: Senior Housing
• Transaction Amount: $42,500,000
• Units: 408
• Acres: 44
• Address: 1 Applewood Drive
• Market: Freehold
• Landlord: Brian G. Lawrence - FellowshipLIFE
• Broker: Ziegler
• Loan Type: Acquisition Loan

Ziegler played a crucial role in facilitating the $42.5 million bond financing for the acquisition of Applewood. Brian G. Lawrence, representing FellowshipLIFE, served as the landlord in this transaction, highlighting the strategic collaboration between key individuals and companies in the real estate market.