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Senior Quality Lifestyles Corporation Announces Completion of $164,855,000 in Financing for The Stayton at Museum Way
Date:11/12/2009

Senior Quality Lifestyles Corporation (SQLC), a Texas-based nonprofit developer of senior living communities, announces that financing has been completed for its latest project, The Stayton at Museum Way. A 501(c)3 nonprofit life care retirement community, The Stayton at Museum Way will be constructed on 2.5 acres of land located at Stayton Street and Museum Way in the Fort Worth Cultural District. Financing was completed through the sale of $164,855,000 in revenue bonds. Ziegler Capital Markets served as bond underwriter for the transaction. The announcement was made by Charles B. Brewer, president and CEO of SQLC.

Fort Worth, TX (PRWEB) November 12, 2009 -- Senior Quality Lifestyles Corporation (SQLC), a Texas-based nonprofit developer of senior living communities, announces that financing has been completed for its latest project, The Stayton at Museum Way. A 501(c)3 nonprofit life care retirement community, The Stayton at Museum Way will be constructed on 2.5 acres of land located at Stayton Street and Museum Way in the Fort Worth Cultural District. Financing was completed through the sale of $164,855,000 in revenue bonds. Ziegler Capital Markets served as bond underwriter for the transaction. The announcement was made by Charles B. Brewer, president and CEO of SQLC.

“We are pleased to complete the successful financing of The Stayton in the face of what has been not only a very difficult financing period, but one of the most challenging economic periods for our economy in my business career,” said Brewer. “I believe it reflects very favorably on the concept and design of this retirement community, the talented team that has brought it to the market, and truly the market itself – Fort Worth – which has embraced the project.”    

A premier residential address, the 11-story community will serve 188 families seeking an ac
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Senior Quality Lifestyles Corporation Announces Completion of $164,855,000 in Financing for The Stayton at Museum Way 
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