Nearly four dozen nonprofit transactions in third quarter: Ziegler

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Nearly four dozen nonprofit transactions in third quarter: Ziegler
Nearly four dozen nonprofit transactions in third quarter: Ziegler

There were 47 nonprofit owner/sponsor transactions in the third quarter, according to speciality investment bank Ziegler. The organization expects total deals for the year to be similar to 2015.

In about one-third of the transactions, one nonprofit transferred sponsorship to another nonprofit.

The firm released the findings at a recent Ziegler Senior Living Finance + Strategy Conference, which was attended primarily by financial officers representing nonprofit organizations.

In Focus

May 16

Bringing in the outdoors

Hollidaysburg, PA 

Garvey Manor and Our Lady of the Alleghenies Residence continuing care retirement community recently hosted an outdoor show, "Marching into the Woods."

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