A recently priced bond issue for a Honolulu senior-living facility is the first startup continuing care retirement community financing in more than 18 months, underwriter Ziegler Capital Markets said in a news release.

The $86 million bond deal will finance 15 Craigside, a new continuing care community that will include 170 independent living apartments, 41 nursing beds, and a variety of common area amenities.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.