Served as Bond Counsel for a Senior Living Rebuilding After a Flood
Client: Colorado Health Facilities Authority - Frasier Meadows
We served as bond counsel when our client issued $85,295,000 in bonds for Frasier Meadows senior living facility to rebuild after a flood. The bond proceeds were used to help Frasier redesign its campus and make other repairs not covered by flood insurance. Frasier also opted to refinance some of its bank debt, resulting in a lower interest rate.