Ziegler Closes $36 Million Clermont Park Financing for Christian Living Communities

    Ziegler, a specialty investment bank, is pleased to announce the successful closing of a $24,445,000 fixed-rate placement issue and a $12,000,000 direct bank placement issue for Christian Living Communities (CLC). Stifel Nicolaus served as co-senior manager on this financing with Ziegler and provided considerable distribution support, especially to retail investors.

CLC is a 501(c)3 faith-based, non-profit organization providing housing, healthcare, and home and community based programs to over 1,000 seniors and families in the state of Colorado. CLC was organized in 1972 and currently owns and operates three separate communities, each designed to deliver its residents a continuum of healthcare services and independent living options. The three CCRCs operated by CLC include Clermont Park, located in Denver, Colorado, and the Johnson Center Community and Holly Creek Community, both located in Centennial, Colorado. CLC ministers to senior adults through a continuum of services and care that reflects their mission of "Christian love, respect and compassion and that enriches the quality and dignity of life for each individual."

As one of the nation's leading underwriters of financing for non-profit senior living providers, Ziegler offers investment banking, financial risk management, merger and acquisition services, investment management, seed capital, FHA/HUD, capital and strategic planning as well as senior living research, education, and communication. Will Carney, Managing Director in Ziegler's Senior Living practice, states, "This financing fulfilled a long-term goal of Christian Living Communities (CLC) -- the renovation and redevelopment of CLC's first senior living campus in the Denver market which began serving residents in 1972. CLC is a leading not-for-profit senior living provider in Denver and this project further extends their leadership and strong market position."

For further information on the structure and use of this issue, please see the Official Statement located on the Electronic Municipal Market Access system's Document Archive.

For more information about Ziegler, please visit us at www.Ziegler.com.

About Ziegler:

The Ziegler Companies, Inc. (PINKSHEETS: ZGCO) together with its affiliates (Ziegler) is a specialty investment bank with unique expertise in complex credit structures and advisory services. Nationally, Ziegler is ranked as one of the leading investment banking firms in its specialty sectors of healthcare, senior living, religion and education finance, as well as corporate finance and FHA/HUD. Headquartered in Chicago, IL with regional and branch offices throughout the U.S., Ziegler creates tailored financial solutions including bond financing, advisory, private placement, seed capital, M&A, risk and asset management. Ziegler serves institutional and individual investors through its wealth management and capital markets distribution channels.

Certain comments in this news release represent forward-looking statements made pursuant to the provisions of the Private Securities Litigation Reform Act of 1995. This client's experience may not be representative of the experience of other clients, nor is it indicative of future performance or success. The forward-looking statements are subject to a number of risks and uncertainties, in particular, the overall financial health of the securities industry, the strength of the healthcare sector of the U.S. economy and the municipal securities marketplace, the ability of the Company to underwrite and distribute securities, the market value of mutual fund portfolios and separate account portfolios advised by the Company, the volume of sales by its retail brokers, the outcome of pending litigation, and the ability to attract and retain qualified employees

This communication does not constitute an offer to buy these securities. The offering is made only by the Official Statement and through an appropriately registered representative. The Series 2011 Bonds may not be appropriate for all investors. Market value and/or accrued interest will fluctuate during the period held, and, if sold prior to maturity, the yield received may be more or less than the yield calculated at the time of purchase. Discounted yields herein are gross yields to maturity. Discounted bonds may be subject to capital gains tax, rates of which will vary, so investors should consult their own tax advisor with regard to their personal tax situation. Interest on municipal bonds may be exempt from federal income tax but may be subject to tax for residents of certain states. For bonds designated AMT, taxes may exist for certain investors. Ziegler will sell these bonds on a principal basis.

The corporation or its officers, directors, stockholders, or members of their families may at times have a position in the securities mentioned herein and may make purchases or sales of these securities. Not all call or put information is identified in the description above. Please be sure to discuss any special features with your Financial Advisor before deciding whether to invest in these securities.

Christine McCarty 312 596 1617 Email Contact