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Ziegler Closes $20,000,000 Financing For Community First Solutions

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Tom Meyers, Senior Managing Director, Ziegler Senior Living Finance added, “Ziegler values the opportunity to serve Community First Solutions as a new client

Ziegler, a specialty investment bank, is pleased to announce the successful closing of Community First Solutions Obligated Group Project’s Series 2021 Bonds.

The 2021 Bonds were issued through the Butler County Port Authority (Ohio), and consisted of $15,310,000 of Tax-Exempt Series 2021A Bonds and $4,690,000 of Federally Taxable Series 2021B Bonds (collectively, the “Series 2021 Bonds”).

Community First Solutions (CFS) is a not-for-profit company operating in Butler County, Ohio that provides a broad continuum of quality services to meet the diverse health and wellness needs of more than 30,000 clients throughout the region. CFS is an ecumenical system, and as a not-for-profit network, shares similar convictions as faith-based providers. CFS is the parent company of multiple subsidiaries and operates two senior living life plan communities and a dedicated post-acute rehabilitation center, an array of behavioral health services, pharmacy services, the largest provider of home delivered meals in the county, and a spectrum of other community-based supports.

Proceeds of the Series 2021A Bonds, along with other available funds, will be used to (i) finance $4 million of new money to partially fund the addition of 14 new independent living units and approximately $4.5 million to fund routine capital expenditures across CFS; (ii) refund a portion of CFS’ outstanding debt; (iii) terminate an existing swap agreement; and (iv) pay certain costs of issuance associated with the financing.

Proceeds of the Series 2021B Bonds will be used to (i) refund a portion of CFS’ outstanding debt; and (ii) pay certain costs of issuance associated with the financing.

The Series 2021 Bonds are rated “A-” by Fitch, and were the first not-for-profit senior living bonds to be rated under Fitch’s new criteria. The Series 2021A Bonds are tax-exempt fixed rate term bonds, wrapping around the Series 2021B Bonds and amortizing over 30 years. The Series 2021B Bonds are federally taxable fixed rate term bonds, amortizing over 11 years. The Series 2021A Bonds are optionally callable in 7 years at 103% declining to par in 2031. The Series 2021B Bonds are optionally callable in 10 years at par.

Brian Krause, Chief Financial Officer of Community First Solutions stated, “We couldn’t be happier with the results of this transaction. We were able to lock in historically low interest rates and we eliminated a number of individual bank notes that had various rates and maturities while also adding some additional funds to support a small expansion of Independent Living Units on one of our campuses. The Ziegler team did a fantastic job of helping us develop and execute the strategies to achieve our goals, which were to more effectively leverage our balance sheet while laying the groundwork to support our future growth initiatives.”

Tom Meyers, Senior Managing Director, Ziegler Senior Living Finance added, “Ziegler values the opportunity to serve Community First Solutions as a new client. This is a strong, growth-oriented organization that will continue to be a premier not-for-profit senior living and behavioral health provider in the Hamilton, Ohio area. It will be exciting to watch Community First Solutions’ ambitious management team execute on future growth initiatives.”

Ziegler is one of the nation’s leading underwriters of financing for not-for-profit senior living providers. Ziegler offers creative, tailored solutions to its senior living clientele, including investment banking, financial risk management, merger and acquisition services, seed capital, FHA/HUD, capital and strategic planning as well as senior living research, education, and communication. For more information about Ziegler, please visit us at http://www.ziegler.com.

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. It has a unique focus on 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 services, fixed income sales, underwriting and trading as well as Ziegler Credit, Surveillance and Analytics. 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.

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Source: https://www.prweb.com/releases/ziegler_closes_20_000_000_financing_for_community_first_solutions/prweb17806292.htm

Real Estate

SyndicationPro Disrupts Investor Distributions and Leads the Way for…

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Automating ACH distributions is a major step in our goal to reduce time-consuming workflows for real estate syndicators and fund managers while also better serving their investors. We are thrilled to continue to move our industry forward through digital transformation

The #1 capital raising and investment management software has now made investor distributions an absolute breeze. With the launch of ACH and check transfers, SyndicationPro has put itself in a unique position of being one of the leading platforms that offer this functionality within the investment management space.

Sponsors will now be able to completely eliminate the need to manage investor distributions offline, thereby making the process of distributing investor earnings much more organized and efficient. ACH payment comes with immense benefits such as direct bank-to-bank transfer, having no expiry date, and the ability to distribute vast sums of money from within the platform.

ACH will drastically reduce errors, provide better transparency to investors, and enable sponsors to save time while also enabling them to take advantage of specialized workflows. ACH transfers are also completely secured by end-to-end encryption and SyndicationPro ensures the privacy of all sensitive information by following industry best practices and standards.

SyndicationPro has continued on its unprecedented run of growing over 20% MoM and is on track to hit its ambitious multi-million dollar financial goals by the end of this year. With the launch of ACH payments, the company is expected to grow over 28% every month. This represents a remarkable growth trajectory that has rarely been seen within the investment management industry.

“Automating ACH distributions is a major step in our goal to reduce time-consuming workflows for real estate syndicators and fund managers while also better serving their investors. We are thrilled to continue to move our industry forward through digital transformation,” said TJ Lokboj, one of the co-founders at SyndicationPro.

As part of its continued growth, SyndicationPro is actively looking to hire for marketing, sales, and product engineering related roles in both Lehi, Utah and Bangalore, India.

About SyndicationPro

Founded in 2016 with the focus being the most user-friendly investor management software on the market, SyndicationPro is the fastest-growing product of its kind. Real estate professionals use it to nurture leads, digitize fundraising, and centralize investor relations. Learn more about SyndicationPro here: https://syndicationpro.com

Media Contact:

TJ Lokboj

tj@syndicationpro.com

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Source: https://www.prweb.com/releases/syndicationpro_disrupts_investor_distributions_and_leads_the_way_for_digital_transformation_with_ach/prweb17874988.htm

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Astro Pak’s Derouging Process Shows Promise for St. Louis’ Gateway…

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St. Louis’ Gateway Arch

St. Louis’ Gateway Arch

The Astro Pak chemical cleaning was found to be successful in removing surface corrosion and embedded metal oxides within the graffiti. The chemical techniques that they utilized produced the appearance of the test panels closest to the control panel.

Since its completion in 1965, St. Louis’ Gateway Arch has been a shining icon of the Midwest, commemorating the United States’ westward expansion and the area’s role as a center of commerce to points west, as well as southward down the Mississippi River. However, its sheen has been somewhat diminished over the last half century due to atmospheric pollution, the attentions of millions of tourists and, even from the methods used in its construction. At the upper levels of the monument, the stainless steel cladding shows signs of weathering and discoloration, including marks left on the surface by the machinery and crews who built it. Down at the base, deicing salt, visitors’ hands and even graffiti have likewise left their marks.

Since 2005 a series of investigations have been looked into how to remove the worst effects of the passage of time and ensure that the Arch will continue to shine for many decades to come. In 2018, the Association for Preservation Technology (APT), an interdisciplinary organization committed to promoting the best practices and technologies for conserving and preserving historic structures hosted an expert workshop at the monument. Three techniques, using vastly different technology, were tested upon sample stainless steel panels identical to those used on the Arch’s surface. All three teams were challenged with the same requirements where their proposed methods must:

  • Remove visible damage and discoloration from the surface
  • Preserve the integrity of the designs, materials, workmanship and aesthetic
  • Be gentle and appropriate to the substrate and conditions
  • Avoid causing damage or discoloration
  • Be reversible or re-treatable so as to not limit future cleaning options

The three methods tested were: pressurized water, steam and dry ice, laser cleaning and Astro Pak’s combination of its NeutraRouge derouging solution, derouging gel and manual polishing.

The pressurized water, steam and dry ice process was determined to be a possible solution to remove surface deposits on the upper surface, but it failed to remove discoloration and surface corrosion. Additionally, it did not remove the embedded iron caused by graffiti nor its resulting corrosion.

The laser cleaning process was found to be better at removing surface deposits and succeeded at removing some of the surface corrosion, but it was unable to remove embedded metal oxides. However, the laser left visible banding marks on the surface. Overall, the conclusion was that the technology could be more viable in the future with further advancements.

Astro Pak’s method was deemed to be the most successful, achieving the stated goals, including removing the stains from the deicing salt and returning the panels surface to nearly the same as the original panel. In the official Conservation Management Plan posted by the study committee at it was cited, “the Astro Pak chemical cleaning was found to be successful in removing surface corrosion and embedded metal oxides within the graffiti. The chemical techniques that they utilized produced the appearance of the test panels closest to the control panel.” The study also looked at the specular gloss aspect of the processed panels, identifying that parameter as “the most often used when the surface optical quality of a product needs to be evaluated.” The study noted that the panel which Astro Pak treated with NeutraRouge, AP410 and a hand buffing was the closest to the control with ‘substantially smaller standard deviation.’”

Astro Pak’s solution scored highest in effectiveness, gentleness and economic feasibility. The Association is continuing its studies with an eye to respecting the natural aging process as the best practice for preserving not only the monument itself, but the integrity of the symbolism as well. The lessons learned will likely be applicable to not only the Gateway Arch, but to other historic buildings and landmarks with stainless steel exteriors as part of their preservation process.

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Source: https://www.prweb.com/releases/astro_paks_derouging_process_shows_promise_for_st_louis_gateway_arch/prweb17856985.htm

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Haute Residence Welcomes Frontgate Real Estate To Its Exclusive Real…

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Frontgate Real Estate

Jeff Biebuyck and Dana Olmes of Frontgate Real Estate

Frontgate is the future of real estate, having created a streamlined, tech-savvy, and personalized experience for buyers and sellers

Haute Residence is pleased to welcome Frontgate Real Estate, led by Jeff Biebuyck and Dana Olmes, to the exclusive Haute Residence Network as its representative in the Calabasas, California luxury real estate market.

Frontgate is the future of real estate, having created a streamlined, tech-savvy, and personalized experience for buyers and sellers. From selection to service, the operational excellence the team provides is unmistakable, and they guide their clients with a friendly, casual approach that epitomizes the California lifestyle.

Their easygoing nature is the result of intention — not a lack of tenacity. It is marked by a combined 40-plus years of expertise and a digital mindset that pairs proven, high-touch techniques with modern, tech-forward offerings.

Dana, Jeff, and the Frontgate team consistently advise a wide range of influential buyers and sellers in a manner and style that has earned them recognition on a national level.

Visit Frontgate Real Estate’s Haute Residence profile: https://www.hauteresidence.com/member/frontgate-real-estate/

Visit Frontgate Real Estate’s website: https://danaandjeffluxuryhomes.com

ABOUT HAUTE RESIDENCE

Designed as a partnership-driven luxury real estate portal, Haute Residence connects its affluent readers with top real estate professionals, while offering the latest in real estate news, showcasing the world’s most extraordinary residences on the market and sharing expert advice from its knowledgeable and experienced real estate partners.

The invitation-only luxury real estate network, which partners with just one agent in every market, unites a distinguished collective of leading real estate agents and brokers and highlights the most extravagant properties in leading markets around the globe for affluent buyers, sellers, and real estate enthusiasts.

HauteResidence.com has grown to be the number one news source for million-dollar listings, high-end residential developments, celebrity real estate, and more.

Access all of this information and more by visiting http://www.hauteresidence.com

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Source: https://www.prweb.com/releases/haute_residence_welcomes_frontgate_real_estate_to_its_exclusive_real_estate_network/prweb17858988.htm

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Top-Ranked Own Marin Partners With Side, Enhancing Its Strategic,…

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The Own Marin Team - Julia Fitzpatrick, Whitney Potter, Whitney Blickman, Barr Haney, and Allie Fornesi

The Own Marin Team – Julia Fitzpatrick, Whitney Potter, Whitney Blickman, Barr Haney, and Allie Fornesi

We’ve always provided a curated, customized Marin real estate experience, and partnering with Side gives us time to create deeper connections with our clients.

Own Marin today announced its partnership with Side, the only real estate technology company that exclusively partners with high-performing agents, teams, and independent brokerages to transform them into market-leading boutique brands and businesses. The alliance will ensure that Own Marin, which has been the No. 1 real estate firm in Marin County since 2015, is powered by the most advanced platform in the industry.

Own Marin was founded by Marin natives Barr Haney and Whitney Potter, who offer over three decades of combined real estate experience and unparalleled local expertise. Own Marin has achieved more than $1.3 billion in total sales volume and has sold nearly 1,000 homes, landing the team on REAL Trends/Wall Street Journal’s “The Thousand” list for multiple years in a row. Haney and Potter have assembled a diligent team of agents — Julia Fitzpatrick, Allie Fornesi, and Whitney Blickman — whose extensive market knowledge and strategic, tech-driven approach to buying and selling homes have garnered exceptional results, with 85% of the company’s business coming from repeat clients and referrals. In 2020, the team of five facilitated 153 transactions, totaling $341 million.

Partnering with Side will ensure Own Marin remains at the cutting edge of the evolving real estate market while allowing its agents to continue delivering premium services to their clients. Own Marin agents are fully supported by a one-of-a-kind premium brokerage platform, which provides transaction management, property marketing, lead generation, business growth opportunities, vendor management, and infrastructure solutions.

“We’ve always provided a curated, customized Marin real estate experience, and partnering with Side gives us time to create deeper connections with our clients,” said Haney. “Side also amplifies our unique brand by providing world-class support and industry-leading tech, so we can help even more clients find the comforts of home in the community we love,” added Potter.

Side is led by experienced industry professionals and world-class engineers who develop technology designed to improve agent productivity and enhance the client experience. Based on its belief that homeownership is a fundamental human right, Side is on a mission to improve the public good by providing top-performing real estate agents, teams, and indie brokerages with the best system, support, service, experience, and results.

About Own Marin

No one knows Marin County quite like Own Marin. With over three decades of combined real estate experience, the team of Marin natives and local experts bring an exceptional level of knowledge, teamwork, and diligence to each transaction. Ranked No. 1 in Marin since 2015 with over $1.3 billion in total sales volume and nearly 1,000 homes sold, Own Marin takes a strategic, tech-driven approach to buying and selling homes in Central and Southern Marin. To learn more, visit http://www.ownmarin.com, or follow the team on Instagram.

About Side

Side transforms high-performing agents, teams, and independent brokerages into successful businesses and boutique brands that are 100% agent-owned. Side exclusively partners with the best agents, empowering them with proprietary technology and a premier support team so they can be more productive, grow their business, and focus on serving their clients. Side is headquartered in San Francisco. For more information, visit http://www.sideinc.com.

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Source: https://www.prweb.com/releases/top_ranked_own_marin_partners_with_side_enhancing_its_strategic_highly_curated_approach_to_buying_and_selling_homes_in_marin_county/prweb17865103.htm

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