The Gathering Place (May 2022)

HJ Sims Partners with Mease Life, a Life Plan Community located in Dunedin, Florida, to successfully complete turnaround financing for the community, which offers both rental and Type C contracts, and consists of 185 independent living units, 104 assisted living units, 32 memory care units, and 62 skilled nursing beds,

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Phoebe Ministries (May 2022)

HJ Sims Successfully Completes $115 Million All Bank Tax-Exempt Financing for New Satellite Campus and Refinancing for Phoebe Ministries, a not-for-profit, multi-facility, Pennsylvania-based organization specializing in healthcare, housing, and support services for older adults.

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HJ Sims Market Commentary: The ESG Lineup

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In Department of Defense terminology, CONOPS stands for a concept of operations, a statement that concisely expresses what a commander intends to accomplish and how it will be done using available resources. As the first quarter of 2022 draws to an end, individual investors may see the need to create or revise their own individual investment CONOPS after some in-depth communications with our trusted financial planners, counsel, tax advisers and investment professionals.

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HJ Sims Market Commentary: Friend or Foe?

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In Department of Defense terminology, CONOPS stands for a concept of operations, a statement that concisely expresses what a commander intends to accomplish and how it will be done using available resources. As the first quarter of 2022 draws to an end, individual investors may see the need to create or revise their own individual investment CONOPS after some in-depth communications with our trusted financial planners, counsel, tax advisers and investment professionals.

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Quarter in Review

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Financings

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HJ Sims raises $4.93 million for Investment in Benchmark Funds

Headquartered in Waltham, Massachusetts, Benchmark Senior Living is a premier owner, operator, and developer of senior living communities. Founded in 1997, Benchmark currently operates over 60 communities and over 5,500 units spread across eight states in the northeast. Read more.

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HJ Sims Completes $264.6 Million Expansion and Forward Refundings​

Samaritan Housing Foundation, Inc., dba “Searstone” is a life plan community located in Cary, NC that opened in 2013. The Community currently consists of 131 independent living apartments, 38 independent living estate homes, 14 assisted living units, and 25 skilled nursing units. Read more.

HJ Sims Delivers $125 Million Forward Refinancing for Toby and Leon Cooperman Sinai Residences

Toby and Leon Cooperman Sinai Residences of Boca Raton is an existing life plan community, managed by Life Care Services, which consists of approximately 234 independent living units, 48 assisted living units, 24 memory-support units, 60 skilled nursing beds and related common amenities. Read more.

HJ Sims Partners with King’sBridge to Refinance Outstanding Debt, Finance Capital Improvements and Improve Liquidity

King’sBridge Retirement Center (the “Community”) is a rental senior living community founded in 1985 in northeast Atlanta, Georgia. The retirement community consists of 142 independent living units, 48 assisted living units, and 13 memory care units. Read more.

HJ Sims triumphs in closing USDA Financing for Evenglow’s $32 million Expansion Project​

Evenglow Lodge began providing healthcare services to the community of Pontiac in 1958. Subsequently an endowment was formed to procure additional resources of expansions throughout the years with the most recent expansion being the addition of a new memory care facility. Read more.

HJ Sims Generates Annual Debt Service Savings for National Church Residences Affiliate in Rising Interest Rate Environment

First Community Village is a life plan community located in Upper Arlington, Ohio. The 32-acre campus includes a 68-bed skilled nursing center, a 38-unit assisted living center, 36 memory care assisted living suites, 86 luxury independent living apartments, 19 independent living Gardens apartments, 38 ranch-style manor homes and 67 new independent living units. Read more.

Advisory

Q1 Highlights

HJ Sims hosts the 19th Annual Late Annual Conference

During the past nineteen years, HJ Sims has hosted our Annual Late Winter Conference as a forum to gather experts from across the senior living industry in order to share experiences, strategies and operations. Last year, the conference looked a little different with a condensed, virtual format. This year, we were pleased to be back in-person hosting 350 senior living owners and operators and industry professionals at the Loews Portofino Bay Hotel at Universal Orlando, Florida.

HJ Sims Expands Investment Banking Group with Introduction of Education Finance Practice

HJ Sims announced the addition of two senior bankers, expanding the firm’s education finance practice. The Sims education finance team provides comprehensive capital planning, structure and execution for charter schools, public and private education systems and institutions. Read more.

Richard Harmon
Richard "Rich" Harmon
Executive Managing Director
Head of Education Finance
Robert "Rob" Nickell
Executive Vice President

2022 National Charter Schools Conference

HJ Sims is proud to sponsor the National Charter School Conference.

The National Charter Schools Conference (NCSC) by the National Alliance for Public Charter Schools is where the movement meets as the largest national gathering of educators, advocates, and leaders in the charter community. It is where you connect with people, resources, and expertise that empowers and inspires your work. With nationally recognized experts, content curated specially for the sector, and a focus on collaboration, NCSC offers the best learning experience for those shaping K-12 education.

Visit our team at booth #616.

Attending:

Cocktail Reception hosted by HJ Sims & EPIC Insurance Brokers

View the photos from the Cocktail Reception at the 2022 National Charter School Conference.

Click on each album to view all photos.

HJ Sims Market Commentary: Dancing in the Clouds

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In Department of Defense terminology, CONOPS stands for a concept of operations, a statement that concisely expresses what a commander intends to accomplish and how it will be done using available resources. As the first quarter of 2022 draws to an end, individual investors may see the need to create or revise their own individual investment CONOPS after some in-depth communications with our trusted financial planners, counsel, tax advisers and investment professionals.

Continue reading

First Community Village (March 2022)

HJ Sims Partners with Mease Life, a Life Plan Community located in Dunedin, Florida, to successfully complete turnaround financing for the community, which offers both rental and Type C contracts, and consists of 185 independent living units, 104 assisted living units, 32 memory care units, and 62 skilled nursing beds,

Continue reading

HJ Sims Announces 1st Annual Private Wealth Management Summit

The HJ Sims Private Wealth Management Group is pleased to announce our first annual Private Wealth Management Summit. The internal Summit will be hosted on May 31st through June 3rd at The Boca Raton resort in Boca Raton, FL, a short drive from HJ Sims’ Boca Raton office. The theme of this year’s Summit is alternative investments, a hot topic in private wealth management.

The Summit is an opportunity for HJ Sims financial professionals to gather for education, collaboration, inspiration and a little fun under the sun. As we continue to grow, it is important for advisors to stay on top of the pulse in the industry so they can share their knowledge and provide clients with their best service.

Alternative investments are any financial asset that does not fall into one of the conventional investment categories, such as stocks, bonds and cash. Alternative investments include real estate, private equity, hedge funds, venture capital and collectibles.

Our three-day Summit will feature education sessions on products, solutions and technology advancements from leaders in the alternative investment space. 

Thank you to our 2022 Summit sponsors!

The information contained herein is subject to change without notice. Under no circumstances shall this constitute an offer to sell or solicitation of an offer to buy. Investments involve risk including the possible loss of principal. HJ Sims is a member of FINRA and SIPC, and is not affiliated with The Boca Raton, NexPoint, InspereX, First Trust, Capital Square, One Oak, Glide Capital, Apollo, Blue Rock, WhiteHawk Energy or PCS.

HJ Sims Market Commentary: Mega Meta Menu

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In Department of Defense terminology, CONOPS stands for a concept of operations, a statement that concisely expresses what a commander intends to accomplish and how it will be done using available resources. As the first quarter of 2022 draws to an end, individual investors may see the need to create or revise their own individual investment CONOPS after some in-depth communications with our trusted financial planners, counsel, tax advisers and investment professionals.

Continue reading

LeadingAge PA 2022 Annual Conference

The LeadingAge PA Annual Conference brings together all of the key leaders in Pennsylvania senior services, professionals supporting our long-term care communities, and hundreds of esteemed business partners. HJ Sims is excited to join the LeadingAge PA organization and see everyone in person once again at Hershey Lodge in 2022!

 

Sponsorship:

HJ Sims is proud to be a sponsor for LeadingAge Pennsylvania.

Visit our HJ Sims team at booth #24 on the EXPO Floor. 

Attending:

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

LeadingAge VA 2022 Annual Conference & Expo

Momentum.

We look forward to connecting at the LeadingAge Virginia Conference & Expo.

Sponsorship:

HJ Sims is proud to be a sponsor for LeadingAge Virginia. 

Exhibiting:

Visit the HJ Sims booth #208 on the EXPO Floor, and start a conversation today. 

Education Session: Opportunity is Knocking

Session Date & Time: Thursday, June 16, from 11:15am until 12:15pm

Session Description:

Hear how two high-functioning multi-sites, Goodwin Living and LifeSpire of Virginia, address their approach to growth strategy and implementation through a variety of means, including expansion, acquisition, disposition, and diversification of revenue streams, among others. This session will utilize case studies from both organizations and be led by executives from each. Objectives of this session include understanding how governance and organizational structure can help or hinder the ability to capitalize on opportunities; understanding how to be thoughtful and efficient at the same time; and learning how a board can organize and evaluate multiple opportunities, establish priorities, and drive organizational progress.

Featured Speakers:

  • Tom Bowden, Senior Vice President, HJ Sims
  • Jonathan Cook, LifeSpire of Virginia
  • Lindsay Hutter, Goodwin Living

Attending:

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

Special Market Update

As we continue to experience daily fluctuations in our capital markets, HJ Sims is committed to keeping our employees, our clients and our business partners informed. We are diligently tracking the key indices and data that drive our sectors’ interest rates and access to capital. We have developed a set of straightforward charts that capture these trends and are updating them regularly. Please download PDF below.

We will update this page adding information as frequently as needed.