Senior Housing News December 8, 2025
Nonprofit Horizon House will nearly double its capacity to serve seniors in Seattle using proceeds from Ziegler’s largest-ever senior living financing.
The single-site continuing care retirement community’s (CCRC) is using the nearly $600 million in bonds it obtained with Ziegler to replace a 51-unit tower that was built in 1983 with a new 202-unit, 33-story building.
The project is slated to open in 2029, according to Horizon House CEO Erica Thrash-Sall. The project nearly doubles the size of the campus and adds room for about 300 more residents, bringing its total unit count to 620. More residents will help the operator’s margins and revenue, and that financial stability may in turn mean lower entrance and monthly rental fees for residents...
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