Ziegler Closes Long-Term FHA/HUD Financing for Magnolia Crossing

Ziegler announced on 2 November 2026 the successful closing of a long-term FHA/HUD Section 232/223(f) financing transaction for Magnolia Crossing Senior Living.

Key facts * Ziegler refinanced the existing debt of the nonprofit assisted living and memory care community located in Clovis, California ^[1]. * The new financing features a 35-year, fixed-rate, fully amortizing structure with competitive interest rates ^[1]. * The transaction included funding for approximately $660,000 of owner-elected capital improvements, such as solar energy infrastructure ^[1]. * Magnolia Crossing operates a mixed-income model serving private-pay residents and individuals supported through Medi-Cal ^[1].

What is Magnolia Crossing Senior Living? Magnolia Crossing Senior Living is a nonprofit assisted living and memory care community in Clovis, California, developed by Innovative Development and Living Solutions of California (IDLS) ^[1]. The community uses a small-home, person-centered model to provide dignified housing and care for seniors across all income levels ^[1]. It consists of three small residential homes designed to promote meaningful relationships, resident choice, and engagement rather than traditional institutional care ^[1].

Why does this financing matter? Ziegler secured the FHA/HUD financing to provide the community with long-term stability, financial flexibility, and mission preservation ^[1]. The transaction replaces construction-era debt with permanent financing and establishes substantial reserves to support future repairs and replacement needs ^[1]. This move allows the community to continue its mission-driven approach to care while ensuring continued growth for decades to come ^[1].

Who provided the advisory services? Ziegler's Senior Housing & Care Finance Practice provided the advisory and financing solutions for the transaction ^[1]. The practice is dedicated to delivering solutions for companies and organizations across the healthcare industry, including healthcare services, information technology, hospitals, and senior living ^[1].