The global population climbed to 8 billion people on Tuesday, November 15, according to the United Nations, up from 5.3 billion in 1990. More than half of us — an estimated 5 billion — from every nation, ethnicity, faith, age range, income level and occupation will watch some or most of the FIFA World Cup games during the 29 days of competition underway in Qatar. Not billions but millions of people around the world also tune in to the monthly press conferences held by Jerome Powell, the head of the U.S. central bank. These events are shorter in duration and much less exciting than the World Cup games but produce just as much if not more wagering.
Continue readingThe 20th Annual HJ Sims Late Winter Conference
HJ Sims Market Commentary: Red, White, Black and Blue Confetti
The 2024 presidential campaign season is off to a start already with Tuesday’s announcement by former president Donald J. Trump. The launch of his third bid for the Oval Office came just one week after the mid-term elections flipped the U.S. House to Republican rule by a slim margin but left the Senate under Democratic control, likely reliant once again upon Vice President Harris to cast tie-breaking votes depending on the outcome of the December 6 runoff in Georgia.
Continue readingHJ Sims Quarter in Review – 3Q 2022
HJ Sims had a busy 3Q with financings totaling $354.7 million. Check out the highlights and our financings for clients from the quarter.
Continue readingCanyon Grove Academy (September 2022)
HJ Sims successfully closes on $15.625m Series 2022A Bonds for Utah public charter school, Canyon Grove Academy.
Continue readingWhite Horse Village (September 2022)
HJ Sims secures $38.7m of hybrid bank financing combining $28.7m tax-exempt direct bank loan renewal and $10.0m taxable revolving line of credit for new capital for PA single site Life Plan Community, White Horse Village.
Continue readingHJ Sims Market Commentary: Numbers Count
More than 18 million veterans who have served our country in the active military, naval or air service will be honored this week at parades, dinners, award ceremonies and other events commemorating their sacrifice and service. A grateful nation pauses once a year to thank all those who have defended our many freedoms — including the one we just exercised with spirit this week. An estimated 42 million early ballots were cast in the midterm elections and, by the time all the tallies are final, this could be the second midterm in a row where voters exceeded 100 million.
Continue readingMorningside Ministries (October 2022)
Refinancing led by HJ Sims locks in long-term permanent financing and provides flexibility for future growth for Texas nonprofit organization, Morningside Ministries.
Continue readingLeadingAge Minnesota 2023 Institute & Expo
HJ Sims Market Commentary: Cracking the Code
Codes are, of course, absolutely critical to communication during times of war and, in modern military history, one that was never broken remains famous to this day. During World War II, Japanese cryptographers intercepted but were never able to decipher the messages sent by the U.S. Marine Navaho Code Talkers. The code was developed at Camp Elliott in San Diego in May 1942 by a small group of 29 Navajo men, some as young as 15, based on the complex, unwritten, verb-based Navaho (Diné) language. Although far from Window Rock, the Navajo Nation Capital, central bankers around the world have developed their own cryptic language that traders and investors struggle to decipher.
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