Ziegler, a specialty investment bank, acted as the exclusive sell-side financial advisor in the sale of Bethesda Rehab & Senior Care – a 135-bed skilled nursing facility located in Chicago, Illinois. The four-story building is situated on nearly two acres at 2833 N. Nordica Avenue and was acquired by a well-known multi-generation Midwest owner and operator with control of several thousand beds who partnered with Pearl Healthcare to take over operations of the center. This transaction marks another successful sale from not for profit to for profit ownership.
Nick Glaisner, Managing Director in Ziegler’s Senior Housing & Care Finance Practice commented: “I am proud to have worked alongside Bethesda’s team throughout this process as they demonstrated unwavering perseverance and determination despite numerous obstacles and difficult market conditions.” As an experienced national boutique investment bank offering capital markets services along with proprietary investments solutions; Ziegler has been providing quality advice since 1902.
