Todd Lillibridge, KLPV's Board Chair, stated, "Throughout the process Ziegler was instrumental in guiding our Board's efforts in establishing evaluation criteria and managing the process from developing the offering memorandum to facilitating the closing." Post this Todd Lillibridge, KLPV's Board Chair, stated, "In today's senior housing environment, operational and brand leverage is key to any project's success, especially for a single-site community. As Board Chair of a planned high-end luxury senior community on Kiawah Island in South Carolina, it was apparent that we needed to explore a partnership with a reputable organization to gain such market leverage and ensure the community's success.
Lillibridge continued, "To execute on such an initiative, our Board retained the services of the industry leader in senior housing finance, Ziegler, who ultimately led us through the process of gaining market visibility to the best organizations that fit our established criteria, which were developed in tandem with Ziegler's in-depth market knowledge and expertise. After exploring over 20 qualified organizations, we ultimately landed on Bishop Gadsden right in our backyard. Throughout the process Ziegler was instrumental in guiding our Board's efforts in establishing evaluation criteria and managing the process from developing the offering memorandum to facilitating the closing.
In my opinion, it was a classic case of planning the work and working the plan with the appropriate industr.