Ziegler Completes Final Phase Of Bankruptcy Sale Of Christian Horizons Senior Living Assets
Ziegler, a specialty investment bank, announced the sale of the final two senior living assets in the Christian Horizons portfolio. Affiliates of BEH Partners purchased two supportive living facilities located in Southern Illinois after receiving approval from the federal Department of Housing and Urban Development. An affiliate of BEH Partners also purchased Christian Horizons’ wholly owned institutional pharmacy company, SeniorCare Pharmacy. ;
Christian Horizons, which was founded in 1962, had filed for Chapter 11 bankruptcy on July 16, 2024. The filing cited financial pressures due to the COVID-19 public health emergency. The non-profit, faith-based organization offered a . . .