HJ Sims committed to funding $12 million to purchase Class A Interests in a new investment partnership, BSL Investors Fund II, LLC (“BSL II”) with long-time partner Benchmark Senior Living, LLC (“Benchmark”). BSL II was formed to develop and acquire senior housing communities located in the Boston to Washington DC corridor.
Continue readingMerrill Gardens V
In 2016 Sims committed to co-invest $15 million in its third fund (“RDM V” or the “Fund”) with trusted partner Merrill Gardens, LLC (“Merrill Gardens”). RDM V was formed to acquire, develop and operate new senior housing and multifamily properties in the western and southern United States.
Continue readingAcquisition Funding
A privately held healthcare owner and operator specializing in the acquisition and management of high quality skilled nursing facilities reached an agreement to acquire a portfolio of two healthcare campuses consisting of over 200 beds.
Continue readingPresbyterian SeniorCare Network
Presbyterian SeniorCare (“PSC”) is a not-for-profit, faith-based, multi-site network of living and care options, serving more than 6,500 older adults in 10 counties in Western Pennsylvania. Among PSC’s multiple initiatives is the expansion of memory care services to populations that are underserved.
Continue readingWestminster Pines
Westminster Pines, Inc. d/b/a Westminster St. Augustine is a not-for-profit corporation wholly owned by an affiliate of Presbyterian Retirement Communities (“PRC”), otherwise known as Westminster Communities of Florida.
Continue readingGolden Pond Communities
HJ Sims partnered with Affinity Living Group to provide subordinate financing to fund the acquisition of Golden Pond Communities, a 78-unit assisted living and memory care community located in Winter Garden, Florida.
Continue readingBorrower
Sims was approached by affiliates of the Borrower to provide financing in connection with the acquisition of a skilled nursing facility comprised of 120 skilled nursing beds and 7 independent living beds.
Continue readingLutheran Community at Telford
HJ Sims successfully completed a combined $32.1 million debt refinancing and modification generating interest expense savings, extended bank credit commitments and supplementary new project financing.
Continue readingBorrower
Sims was approached by affiliates of the Borrower to provide financing in connection with the acquisition of a Portfolio of seven skilled nursing facilities. The seven property Portfolio is comprised of 900 beds and will be leased by a strong skilled nursing operator.
Continue readingElder Care Alliance
Elder Care Alliance is a non-profit organization based in Alameda, California that has served seniors and their families throughout California for the last 110 years. It’s mission is to enrich the holistic wellness of older adults.
Continue readingAffinity Living Group
Sims was approached by an affiliate of Affinity Living Group to provide financing with the acquisition of a Portfolio of seven senior living communities in North Carolina.
Continue readingLutheran Social Ministries of New Jersey
Established in 1904, Lutheran Social Ministries of New Jersey is a not-for-profit organization committed to “serve residents statewide who hurt, who are in need, or who have limited choices – regardless of religious background or affiliation.”
Continue readingAffinity Living Group
Sims was approached by an affiliate of Affinity Living Group to provide financing in connection with the acquisition of a portfolio of two senior living communities in North Carolina comprised of 176 assisted living beds and 40 memory care beds.
Continue readingMerrill Gardens
As a result of its past relationship, Sims was approached by affiliates of Merrill Gardens, LLC to co-invest with other accredited investors in its recently formed investment fund RDMV, LLC.
Continue readingBirchwood Health Care Properties
Sims was approached by affiliates of Birchwood Health Care Properties to provide subordinate loan financing in connection with the acquisition of a Portfolio in Oklahoma comprised of 4 skilled nursing facilities, a hospice business and a home health business.
Continue readingWakefield Capital Management
Sims was approached by affiliates of Wakefield Capital Management, an experienced investor in healthcare related real estate, to provide subordinate loan financing in connection with the acquisition of a Life Plan Community (CCRC).
Continue readingGryphon Senior Living
HJ Sims, through an affiliate, provided $2.5 million mezzanine and equity financing to Gryphon Senior Living, LLC to acquire a community with 56 assisted living units and memory care units in Macon, Georgia.
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