Ohio Living representatives Bob Stillman and Ben Kitto explained their request for a revenue bond to refinance the purchase of the Ganzhorn Suites. Credit: Taylor Henninger

DELAWARE — The Delaware County Commissioners approved a health care facility revenue bond of up to $20 million to Ohio Living Powell LLC to refinance its purchase of the Ganzhorn Suites.

The bond allows the non-profit to replace a short-term bridge loan that initially funded Ohio Living’s purchase of Ganzhorn Suites with lower-cost, tax-exempt financing.

Create a free account to keep reading

Sign in or create a free account to continue with Delaware Source and stay connected to trustworthy local news that matters to you.

LOG IN
CREATE FREE ACCOUNT

NOTE: If you receive our emails, you likely already have an account. Try logging in.

General assignment reporter at Delaware Source, writing about education, government and everything in between. Ohio University alumna, outdoor enthusiast and cat lover. Share your story ideas or tips with...