Senior care provider seeking $40M for new retirement community

Rerouting North Hamilton Road at the Route 161 interchange clears a path, literally, for the first new retirement community in 17 years for Methodist ElderCare Services. The Columbus nonprofit is seeking to issue $40 million in bonds, mainly to finance construction of the proposed Wesley Woods in far northeast Columbus. The private placement with Akron-based First Merit Bank and Columbus' Huntington National Bank is up for a hearing Wednesday with the Franklin County Hospital Commission before…
Source: bizjournals.com Health Care:Biotechnology headlines - Category: Biotechnology Authors: Source Type: news