Ziegler Closes $53.03M Financing; RCA Healthcare Management to Take Over Absolut SNFs in Buffalo

The Chicago-based investment bank Ziegler closed a $53.03 tax-exempt bank placement transaction for Pleasant View Communities, which owns and operates a continuing care retirement community (CCRC) in Manheim, Penn. Pleasant View has 152 independent living apartments and cottages, 95 personal care units and 115 skilled nursing beds; it is licensed for 133 SNF beds. Ziegler […]

Sale of Six Absolut Facilities Approved in Bankruptcy Court; $23M SNF Opens in Detroit

The U.S. Bankruptcy Court for the Eastern District of New York approved RCA Healthcare Management to take over six Absolut Care nursing home sites, starting with a consulting agreement beginning March 1 with the current owners of Absolut. Buffalo Business First reported the news last week. Absolut filed for Chapter 11 bankruptcy protection last fall, […]