CHICAGO, IL – OCTOBER 8, 2025 – Ziegler, a specialty investment bank, is pleased to announce the successful closing of Josephine Caring Community’s $77,115,000 Series 2025ABC Bonds (the “Bonds”) through the Washington State Housing Finance Commission.

Josephine Caring Community (the “Borrower” or “Josephine”) is a Washington 501(c)(3) nonprofit corporation located in Stanwood, Washington, which is situated approximately 55 miles north of Seattle, Washington. Established in 1908, Josephine owns and operates a 131-bed skilled nursing facility, a 57-unit assisted living home licensed for 65 residents, and an intergenerational child-care program licensed to serve 111 children (the “Stanwood Campus”). Josephine is using a portion of the bonds to construct the Cascade Village Project (the “Proj

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