HJ Sims Partners with Brandermill Woods, a rental senior living community located outside of Richmond, Virginia, to Generate Cash Flow Savings and Early Debt Repayment via a 15-Year Fully Amortizing Bank Loan Exceeding Client’s Expectations.
Continue readingHJ Sims Market Commentary: Pen-flation
A lot has been written about the pandemic, this hundred-year global plague. We know there is still a lot more ink to flow. No matter our roles, we have all become voracious readers of studies and speculations that have kept us swinging between the states of hope and heartbreak, confused by directives, irritated by extreme claims and flat assurances, tired of the topic but anxious to have all the latest news as soon as it breaks via our phones, TVs, watches, radios, or paperboys.
Continue readingAn Exclusive Investment Opportunity: John Knox Village
HJ Sims is pleased to serve as sole underwriter for John Knox Village, a Life Plan Community located on approximately 65-acres in Pompano Beach, FL. After the completion of the Westlake Tower project, John Knox Village will add an additional 146 independent living units. Upon stabilization, John Knox Village’s campus will offer 790 independent living units and 1,058 units in total.
Continue readingHJ Sims Raises $398 Million for New Retirement Community on SUNY – Purchase College Employing Ground Leasehold Mortgage to Secure Bonds
HJ Sims is pleased to announce the successful closing of a November 2021, $398.1 million tax-exempt and taxable bond issue for Purchase Senior Learning Community, Inc., formed to develop a new university-based retirement community, Broadview at Purchase College, being constructed on the State University of New York Purchase College campus in Purchase, NY.
Continue readingBroadview at Purchase College (November 2021)
HJ Sims Raises $398 Million for New University Based Retirement Community on SUNY Purchase College Campus Employing Ground Leasehold Mortgage to Secure Bonds. Upon becoming President of the State University of New York – Purchase College in 2003, Thomas Schwarz assembled a committee to explore the possibility of developing a senior living community on the college campus.
Continue readingHJ Sims Market Commentary: Built by Municipal Bonds
The $1.2 trillion Infrastructure Investment and Jobs act was signed into law on Monday by President Biden, who appointed former New Orleans Mayor Mitch Landrieu as his senior advisor responsible for coordinating its implementation.
Continue reading