LeadingAge 2022 Leadership Summit

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2022 Leadership Summit

Leaders and c-suite level executives in aging services gather together and network to gain insight, explore ideas, collaborate with peers, and influence the nation’s decision makers. HJ Sims will be there – start a conversation with one of our expert not-for-profit team members specializing in structuring and underwriting senior living and long term care financings.

Attendance:

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NABL Institute

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National Association of Bond Lawyers: NABL U The Institute

Thought Leadership and Educational Session:

Hot Topics in Disclosures for 501(c)(3) Borrowers

Session Date & Time: Thursday, March 3, 5:00 – 6:15pm ET

This panel will cover hot topics in disclosure for 501(c)(3) borrowers in the following sectors: health care, senior living, housing, and higher education. Disclosure considerations unique to each sector will be discussed as well as topics that apply to all such as bank loan disclosure, recent SEC risk factor guidance, cybersecurity, climate change, and LIBOR. Disclosure considerations concerning taxable 501(c)(3) bonds will also be discussed along with the particular considerations in connection with ongoing disclosure, foreign legends and tax disclosure.

Featured Speakers:

  • Melissa Messina, Senior Vice President, HJ Sims
  • Panel Chair: Bill Burns, Gilmore & Bell, P.C., Kansas City, MO

Contacts:

  • Melissa Messina, Senior Vice President
REQUEST INFORMATION ON THIS PRESENTATION

As we continue to experience fluctuations in our capital markets, HJ Sims is committed to Tracking the COVID-19 Impact.

Learn More

Governance Webinar Series

Education Series: 

Governance Webinar Series: 4-part series addressing today’s most pressing governance topics.

Series Description:  HJ Sims is sponsoring this series of comprehensive virtual content geared directly toward the Governance of senior living providers. Targeting board members, leadership teams and those new to these roles, but a benefit to all leaders in our field, the sessions will tap the intellectual capital of industry experts from governance, law, finance, development, and strategic planning. The 2022 series will offer a more in-depth look at how Board Members should play an active part in a community’s strategic planning, culture development, and more.

This webinar series is held in conjunction with LeadingAge Maine/New Hampshire, LeadingAge Virginia, Plante Moran Living Forward, and United Methodist Association.

Individual Session Details: 

Navigating Strategic Planning

  • This session will discuss the board’s role in Strategic Planning: what are the keys to ensuring a successful process and questions all boards should be asking in our new reality.
  • January 13, 2022 from 11am to 12:30pm ET
  • Facilitators: Melissa Andrews, President & CEO, LeadingAge Virginia, and Dana Wollschlager, Practice Leaders & Partner, Plante Moran Living Forward

Strategic Planning Hot Topics

  • This session will address important topics to incorporate into Strategic Planning, such as your role in work force, living wages, future of nursing care, how culture drives operational outcomes, and technology categories that drive differentiation and adds value.
  • January 27, 2022 from 11am to 12:30pm ET
  • Facilitators: Melissa Andrews, President & CEO, LeadingAge Virginia, and Greg Hensley, Senior VP, Plante Moran Living Forward

Governance Through Transitions

  • In this dynamic time of change for nonprofit organizations, leadership and governing boards must ready themselves for leadership and landscape changes that will impact their organizations. The fast pace of change dictates that boards and leadership have ongoing frank conversations about succession planning, partnerships, organizational structure, and how best to work together.
  • February 10, 2022 from 11am to 12:30pm ET
  • Facilitator: Tom Bowden, VP, HJ Sims, and Greg Hensley, Senior VP, Plante Moran Living Forward

Cultivating Diversity in Nonprofit Board Rooms

  • Diversity of expertise, experience and perspective on nonprofit boards can strengthen an organization’s ability to make good decisions and to plan for the future. Strategic work – including transparency, culture, and curiosity – to achieve diversity, equity, and inclusion is a renewed priority for organizations seeking sustainability and improved overall performance. This session will focus on the deep, critical, and intentional work that boards can take to develop a more diverse, equitable, and inclusive board that reflects the community served.
  • February 24, 2022 from 11am to 12:30pm ET
  • Facilitators: Mary Kemper, President & CEO, United Methodist Assn. of Health & Welfare Ministries, Boris Henderson, Chief Strategy Officer, Aldersgate Life Plan Services, and Melinda Jordan Payne, Retired
REQUEST INFORMATION ABOUT THIS SERIES

As we continue to experience fluctuations in our capital markets, HJ Sims is committed to Tracking the COVID-19 Impact.

Learn More

eCap Summit 2022

eCap Summit

2022 Conference & EXPO

A unique opportunity to engage in direct discussions with financial institutions and thought-leaders focused on the evolving market shift. HJ Sims will be there – start a conversation with one of our expert private lending team members.

HJ Sims is proud to be an eCap Gold Sponsor.

Attendance:

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Sims Mortgage Funding Uses Note Modification to Refinance a Market Rate Multifamily Community

Sims Mortgage Funding, Inc.

by Anthony Luzzi

“When you work with a mortgage banker for 15 years they become as much a part of your team as your architects, engineers and contractors. They have consistently delivered positive results and have closed deals that otherwise would have never happened. Their knowledge of each HUD program is unsurpassed, and it is very obvious that every HUD office they have worked with has the utmost confidence and respect for their team. With the respect from the different offices, they are able to reach out to the higher levels of HUD to solve problems. We look forward to working with Sims for many years to come and we strongly recommend them to any company interested in completing a HUD loan.”

– David Alexander, Managing Partner, Vintage Realty Company

PARTNERED RIGHT
In 2018 we originated an $26,172,500 FHA-insured Section 221(d)(4) loan that financed construction of Elan at Terra Bella a 178-unit market-rate apartment project located in a planned community. The Project was developed and is managed by Vintage Realty Company, a privately owned, full-service real estate firm specializing in the brokerage, leasing, property asset management, development, and construction.

Interest rates had declined since the original financing, providing Vintage with the opportunity to generate debt service savings. We advised them of this positive development in the market and suggested a refinancing structured under HUD’s Mortgage Note Modification/Interest Rate Reduction (IRR) protocol.

STRUCTURED RIGHT
Acting as Financial Advisor, we developed the initial financial modeling of the transaction and coordinated the development of the formal IRR proposal with the existing loan servicer, whom we brought into the 2014 refinancing. The entire transaction took approximately 75 days to complete.

EXECUTED RIGHT
The IRR reduced the interest rate by 22% and will generate total debt service savings of approximately $6.2 million through the remaining term of the loan.

FINANCED RIGHT®
The IRR, completed three years after our initial financing, is another example of SMF maintaining long-term relationships with our clients and delivering to them ongoing value. Sims has closed 26 HUD-insured loans for Vintage since 2002.

For more information, please contact Kerrie J. Tomasiewicz at [email protected].

Sims Mortgage Funding, Inc. originates, underwrites, and funds loans for Healthcare, Multifamily and Hospital projects. We have completed over $2 billion in HUD-insured transactions and are an approved LEAN (healthcare) and MAP (multifamily) lender.

Sims Mortgage Funding, Inc. is a wholly owned subsidiary of HJ Sims.

HJ Sims Market Commentary: All Tolled, A Wonderful Life

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In Year Two of this pandemic, while battling the Delta and Omicron variants, supply and labor shortages, multi decade-high inflation, and uncertainties on so many fronts, a number of organizations have nevertheless managed to celebrate significant milestones. Congratulations to one and all for enduring, thriving, and inspiring millions around the world through service, education and entertainment, in both good and trying times.

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HJ Sims Market Commentary: Numbers

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In the course of the day, thousands of numbers fly through our brains, some random, others not to be forgotten. It is hard to imagine life without numbers but there are reportedly some cultures that lack words for all but the one to three. For those of us who spend most of our day immersed in analyzing financial data, we cannot help but wonder how folks manage to get along without being able to precisely identify and verbalize quantities. How do they build, borrow, grow? Can they live longer and happier if the count is limited to “one”, “two”, and “many”?

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