Ziegler Closes $250,770,000 Financing For The Legacy Cares, Inc. Project

Share Article

Ziegler, a specialty investment bank, is pleased to announce the successful closing of the $250,770,000 Legacy Cares, Inc. Project.

Dan O’Brien, Director, Legacy Cares, Inc. and 1996 Olympic Gold Medalist, Decathlon stated, “Our goal from the beginning was to give back to the community the same way sports has given back to us throughout our entire careers.

Ziegler, a specialty investment bank, is pleased to announce the successful closing of the $250,770,000 Legacy Cares, Inc. Project.

Legacy Cares, Inc. (Legacy Cares) is a not-for-profit 501(c)(3) entity that was incorporated in the State of Arizona in 2018. Legacy Cares is an organization dedicated to creating life-changing opportunities for all individuals through access to family entertainment facilities centered on youth sports. Legacy Cares’ philosophy is to provide athletes and non-athletes of all ages, economic backgrounds and levels of athletic proficiency, the opportunity to participate in sports while fostering the enjoyment and camaraderie of teamwork and perseverance, key components in athletic competition and lifetime success.

The Legacy Sports Park will be operated by the Oak View Group, one of the largest venue management and event programming company that operates and manages sports parks, arenas, theaters, convention centers, and amphitheaters throughout the United States. Oak View Group is one of Silver Lake Partner’s (Silver Lake) portfolio companies. Silver Lake is the global leader in technology investing, with more than $60 billion in combined assets under management.

The Legacy Sports Park will be located on 320 acres in Mesa, Arizona with a target open date of January 2022, with the following:

  • Multi-field soccer complex consisting of 22 soccer fields, with an additional twenty-four 24 – 46 fields for large tournament capacity
  • A soccer stadium-type expanded field with an approximately 10,000-person seating capacity
  • One auxiliary turf field with an approximately 5,000-person seating capacity
  • An additional soccer field designated as a soccer-based performance training center
  • 10 softball/youth baseball fields including an expanded stadium field
  • 13 sand volleyball/sand soccer courts with a stadium court
  • A pickleball complex consisting of 40 pickleball courts, one of which will be a stadium court
  • An obstacle course racing compound with zip lines, a 12-lane batting cage training center
  • Outdoor amphitheater with an approximately 1,000-person seating capacity
  • An eSports video gaming/competition center, and space allocated for a track & field
  • 16 NBA sized basketball courts
  • 60 indoor volleyball courts
  • Cheer, dance, and gymnastics facility
  • A world class health, fitness, wellness clinic

For more information on Legacy Sports Park please click here to watch their video.

Chad Miller, CEO, Legacy Sports USA stated, “This project is the culmination of years of experience and planning. Legacy Park will transform the youth sports & family entertainment market across the United States. Having a banking partner such as Ziegler, was the critical component in bringing this vision to reality. Their team exemplified the professionalism and experience one would expect from a leader in the industry. We are forever grateful to Ziegler, for all of the time, effort, and dedication they expended in bringing the Legacy Project to fruition.”

"On behalf of myself and Legacy Cares, Inc., we are thrilled that the vision of Legacy Sports Park will soon be a reality. This would not have been possible without Miyun Cho Fellerhoff, Tyler Simons and the entire Ziegler team. Thank you for all for your leadership and support in helping to create a Sports and Entertainment complex that will provide so much to athletes and their families in the Valley of the Sun, throughout North America and around the world,” stated Douglas Moss, Executive Director Legacy Cares, Inc.

Dan O’Brien, Director, Legacy Cares, Inc. and 1996 Olympic Gold Medalist, Decathlon stated,
“Our goal from the beginning was to give back to the community the same way sports has given back to us throughout our entire careers. We at Legacy Cares want to enhance the overall experience for athletes, coaches and their families in today’s sporting world. I was lucky enough to wear the USA uniform and represent my family, my community and my country and leave a legacy that people would remember. I want to provide that same opportunities to the next generation of athletes. No one is successful on their own. It takes a team, training partners, a family, a state and sometimes even a country to be successful. A sports park of this magnitude is long overdue on the west coast. Its more than just giving kids a place to play sports, it’s about giving them a place to realize their dreams. Thank you to Ziegler Investment Bank and a special thanks to Miyun Cho Fellerhoff and Tyler Simons.”

With over 100 years of raising capital for communities nationwide, Ziegler specializes in general municipal and structured finance. Combined with our broad primary market distribution and secondary market issuance, we offer both public and corporate finance, project finance and securitization. With expertise in real estate development, infrastructure finance, public private partnerships, energy and incremental tax-exempt general obligations, our banking professionals customize creative, tailored solutions that meet our clients’ strategic and financial goals.

For more information about Ziegler, please visit us at http://www.ziegler.com.

About Ziegler:
Ziegler is a privately held, national boutique investment bank, capital markets and proprietary investments firm. It has a unique focus on healthcare, senior living and education sectors, as well as general municipal and structured finance. Headquartered in Chicago with regional and branch offices throughout the U.S., Ziegler provides its clients with capital raising, strategic advisory services, fixed income sales, underwriting and trading as well as Ziegler Credit, Surveillance and Analytics. To learn more, visit http://www.ziegler.com.

Certain comments in this news release represent forward-looking statements made pursuant to the provisions of the Private Securities Litigation Reform Act of 1995. This client’s experience may not be representative of the experience of other clients, nor is it indicative of future performance or success. The forward-looking statements are subject to a number of risks and uncertainties, in particular, the overall financial health of the securities industry, the strength of the healthcare sector of the U.S. economy and the municipal securities marketplace, the ability of the Company to underwrite and distribute securities, the market value of mutual fund portfolios and separate account portfolios advised by the Company, the volume of sales by its retail brokers, the outcome of pending litigation, and the ability to attract and retain qualified employees.

# # #

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Christine McCarty
Visit website