San Francisco-based Rhoda Goldman Plaza Selects the CMFA as Issuer
Rhoda Goldman Plaza is an assisted living facility that provides housing with supportive services for the elderly. Located in San Francisco, the staff at Rhoda Goldman Plaza provides a unique environment that promotes independence at an affordable cost. The Plaza houses 155 units, including 37 units for residents with dementia or Alzheimer’s disease. Residents receive quality care tailored to their individual needs enriched by culture and tradition in an atmosphere dedicated to promoting health and well-being in mind, body, and spirit. Recently, the CMFA was selected as Issuer for their tax-exempt financing. Proceeds were used to refinance existing debt. The organization will enjoy improved both lower interest costs and improved cash flow from this financing.