Navigation Links
Ziegler Serves As Exclusive Sell Side Financial Advisor To The Ponce Therapy Care Center
Date:8/5/2019

Ziegler, a national specialty investment bank is pleased to announce its role as the exclusive sell side financial advisor for Healthcare Properties of St. Augustine, Inc. dba The Ponce Therapy Care Center (The Ponce) in its sale to and affiliate of Greystone Healthcare Management Corp. (Greystone).

The Ponce was developed by Mr. Dan McLaren in 1984 and operated as a family business until its sale in June 2019. The Ponce Therapy Care Center is a 120-bed skilled nursing therapy center located in St. Augustine Florida. The community had undergone substantial renovations and was not fully stabilized at the time of acquisition.

Greystone manages a healthcare network comprised of 28 skilled nursing and assisted living communities, outpatient rehabilitation, home health and private duty agencies.

Greystone CEO Stephanie Handelson, stated, “I have had the privilege of meeting the warm and caring staff at The Ponce, who take pride in the high caliber of care they provide every day. During my visits, it was clearly evident to me that this community exemplifies Greystone’s values of care, respect, and sustaining a positive home environment—Where People Matter. I’m truly proud to welcome this dedicated team onboard and I look forward to working together towards our continual commitment to growth and improving the quality of life of our residents.”

Dan McLaren stated, “The potential decision to sell our family owned nursing home after thirty-five years was difficult. Finding the right buyer with the right offer seemed overwhelming; however, Ziegler made us comfortable with the decision and helped us realize we had a lot to offer potential buyers utilizing their contacts and competitive bidding process. Ziegler’s presentation of our facility and constant involvement with both the buyer and us facilitated an outcome greater than our expectations.”

Don Husi, Managing Director, Co-head of Ziegler Senior Housing & Care Finance stated, “It was a pleasure to work with the Ponce and Greystone teams to effect a great outcome for all parties. The transaction is believed to be one of the highest price-per-bed transactions in the state of Florida and Ziegler is proud to continue our 95% success rate of closed transactions upon letter of intent execution.”

Ziegler’s Senior Housing & Care Finance Practice brings its experience and expertise to senior housing and post-acute care clients. By offering a comprehensive suite of products for debt, equity and M&A services, our professionals provide creative solutions that meet your organization’s capital goals.

For more information about Ziegler, please visit us at http://www.ziegler.com.

About Ziegler:
Ziegler is a privately held, national boutique investment bank, capital markets and proprietary investments firm. We have a unique focus on the healthcare, senior living and education sectors, as well as general municipal and structured finance. Headquartered in Chicago with regional and branch offices throughout the U.S., Ziegler provides its clients with capital raising, strategic advisory, fixed income sales & trading and research. To learn more, visit http://www.ziegler.com.

Certain comments in this news release represent forward-looking statements made pursuant to the provisions of the Private Securities Litigation Reform Act of 1995. This client’s experience may not be representative of the experience of other clients, nor is it indicative of future performance or success. The forward-looking statements are subject to a number of risks and uncertainties, in particular, the overall financial health of the securities industry, the strength of the healthcare sector of the U.S. economy and the municipal securities marketplace, the ability of the Company to underwrite and distribute securities, the market value of mutual fund portfolios and separate account portfolios advised by the Company, the volume of sales by its retail brokers, the outcome of pending litigation, and the ability to attract and retain qualified employees.

Read the full story at https://www.prweb.com/releases/ziegler_serves_as_exclusive_sell_side_financial_advisor_to_the_ponce_therapy_care_center/prweb16482925.htm.


'/>"/>
Source: PRWeb
Copyright©2019 Vocus, Inc.
All rights reserved


Related medicine news :

1. Dr. William F. Ziegler Continues To Change Lives at Reproductive Science Center of New Jersey
2. Ziegler and Link-Age Ventures to Host Second Annual Fund Symposium
3. Discount Medical Supplies CEO Serves on Expert Panel at the 6th Annual Caregiver Expo
4. Operation Walk Utah Observes the Season of Giving by Providing No-cost Total Hip and Knee Replacements to Seven Utah Patients
5. Nationwide Title Clearing, Inc. (NTC) Volunteers with Homeless Emergency Project During Holiday Season, Serves Tampa Bay’s Hungry Population
6. Open Enrollment Period Serves as Reminder to Find a California Dentist
7. L’Ecuyer Serves on Kansas Department of Agriculture Marketing Board
8. Blood test serves as crystal ball for heart transplant patients, UCLA-led study finds
9. Round 2: Reactions serves up a second helping of chemistry life hacks (video)
10. Bubble wrap serves as sheet of tiny test tubes in resource-limited regions
11. Kelsey National Corporation Observes 50th Anniversary
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:7/10/2020)... ... July 10, 2020 , ... Inversion therapy is defined by Healthline.com, ... spine and relieve back pain.” Ergo, the theory is that if the body’s point ... traction for the spine using the head and upper body as the "weights" needed ...
(Date:7/10/2020)... (PRWEB) , ... July 09, 2020 , ... ... on addressing unmet needs in the field of urology, today announced that Miguel ... UroLift® Center of Excellence. The designation recognizes that Dr. Mercado has achieved a ...
(Date:7/10/2020)... , ... July 10, 2020 , ... ... 3.0 featuring our Business Partner Vetting (BPV) Portal . Expresso® 3.0 ... upload requested documents. No more manually mailing, tracking, and performing other administrative tasks ...
(Date:7/7/2020)... PORTLAND, Ore. (PRWEB) , ... July 07, 2020 ... ... and a unique one or two head design to efficiently sanitize large surfaces ... https://www.germ-fogger.mx , is now available to support sales in that region. , In ...
(Date:7/2/2020)... ... , ... Temprian, a spinoff from Northwestern University, has a ... is vitiligo. Vitiligo patients develop progressive depigmentation of the skin. There is no ... prevalent in all ethnic groups, it is most visible and impactful in people ...
Breaking Medicine News(10 mins):
(Date:7/7/2020)... (PRWEB) , ... July 07, 2020 , ... ... in 2017, the company began as a hair service provider. Now called Bright, ... and work-from-home employees. Bright’s expanded offering includes beauty amenities as well as an ...
(Date:7/2/2020)... CITY (PRWEB) , ... July 02, 2020 , ... AllenComm, ... interactive client projects and four Omni Awards for visually compelling compliance training , ... to strive to meet and exceed client and industry expectations as a digital transformation ...
(Date:7/2/2020)... ... July 02, 2020 , ... Realty ONE Group International, ... series on its live agent Town Halls, furthering its commitment to its real ... includes special guests and Realty ONE Group leadership discussing social, mental, physical and ...
Breaking Medicine Technology: