HJ Sims raises additional capital for investment in development fund for Merrill Gardens. HJ Sims secured the capital for the Series IV and issued $6.85 million of securities in October 2020.
Continue readingMerrill Gardens VI Series IV
Merrill Gardens VI Series II and III
HJ Sims raises additional capital for investment in development fund for Merrill Gardens. HJ Sims secured the capital for the Series III securities in a turbulent market amidst concerns of COVID-19 to fulfill its investment and meet the timing needs of the Fund.
Continue readingVoralto Living
Voralto Living, along with its affiliates (“Voralto”), is a 42-year-old best in class senior living owner, operator, and developer whose leadership team has a combined 120+ years of experience in the senior living industry.
Continue readingMerrill Gardens VI
Based in Seattle Washington, R.D. Merrill Company was founded in 1890 by Richard Dwight Merrill initially as a timberland business, later diversifying into real estate investment, development, and management of senior housing, mixed-use, and multi-family properties.
Continue readingBenchmark Senior Living
Headquartered in Waltham, Massachusetts, Benchmark Senior Living (“Benchmark”) is a premier owner, operator, and developer of senior living communities. Dating back to 2005, HJ Sims has made seven investments with Benchmark.
Continue readingCivitas Senior Living
Sims had the opportunity to provide subordinate financing for the development of Legacy Oaks of Red Oak (the “Community”), a proposed 188-unit independent living, assisted living and memory care community located in Red Oak, TX, a southern suburb of Dallas, TX.
Continue readingBenchmark Senior Living V
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 readingNext Healthcare Group
Next Healthcare Group is a privately held healthcare real estate investment firm specializing in the acquisition and management of high-quality, skilled nursing facilities. NHG is primarily aligned with national operators with a proven track record of operating skilled nursing facilities.
Continue readingThe Watermark at Continental Ranch
Sims was approached to provide subordinate financing for the development of The Watermark at Continental Ranch, a proposed 99-unit assisted living and memory care community in Marana, AZ, which is a suburb of Tucson.
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