Expansion Archives

ThriveMore (May 2024)

HJ Sims, ThriveMore Partner Again – Structure $102 million of Growth Capital for ThriveMore in Turbulent Financing Environment

Senior Living

Lutheran Village at Miller’s Grant (December 2023)

HJ Sims completes $37 million Bank Financing, for campus renewal and replacement projects, at attractive long-term fixed interest rates and terms for New Jersey non-profit LPC – successfully navigating volatile financing conditions.

Campus Repositioning Repositioning

Northwest Classical Academy (December 2023)

On November 30, 2023, HJ Sims successfully closed on the $5.295 million Series 2023 Bonds. The Southeast Ohio Classical Academy will move into its new campus and start educating student at the start of the 2024-25 school year.

Charter Schools

Reeves Memorial Medical Center (December 2023)

Sims Leads Financing for Replacement Critical Access Hospital

Campus Repositioning Repositioning

Community First Solutions (September 2023)

HJ Sims Structures an Alternative Capital Solution to Realize Clark-Lindsey Village’s Master Plan.

Campus Repositioning Repositioning

Clark-Lindsey Village (July 2023)

HJ Sims Structures an Alternative Capital Solution to Realize Clark-Lindsey Village’s Master Plan.

Campus Repositioning Repositioning

Pathways to College (September 2023)

On September 14, 2023, HJ Sims closed on the $25.1 million Series 2023 Bonds with the entire issuance purchased by an institutional investor. Once the construction project is completed in the summer of 2024, PTC will move into its new campus at the start of the 2024-25 school year.

Charter Schools

Scintilla Charter Academy (June 2023)

On June 29, 2023, HJ Sims closed on the $23.495 million Series 2023 Bonds with approximately $17.26 million being drawn at closing, leaving a remainder of approximately $6 million to be utilized for future construction costs related to the new high school facility.

Charter Schools

Beth Sholom (July 2023)

Beth Sholom and the buyer finalized the APA in the spring of 2023 and moved towards closing the sale. The sale successfully closed in early July 2023.

Repositioning

Corvian Community School (June 2023)

HJ Sims successfully completes $37m bank financing at attractive long-term fixed interest rates and terms for NJ non-profit life plan community, Medford Leas.

Advising

Orenda Education (June 2023)

HJ Sims successfully completes $37m bank financing at attractive long-term fixed interest rates and terms for NJ non-profit life plan community, Medford Leas.

Charter Schools

Searstone (March 2023)

HJ Sims Completes 3-Step finance plan for North Carolina life plan community, Searstone, including nearly seventeen-month forward refunding.

Forward Refunding

Community First Solutions (January 2023)

HJ Sims advises Community First Solutions, Ohio-based owner and operator of three senior living communities, on accretive independent living expansion.

Strategic Planning

Bob Hope School (The Hughen Center, Inc.) (November 2022)

HJ Sims successfully closes on $26.335 million Series 2022 Bonds for Texas nonprofit corporation, The Hughen Center dba as Bob Hope School, which currently operates four charter schools on four campuses in and around Port Arthur, TX.

Charter Schools

Lifespace (November 2022)

HJ Sims steers phased repositioning through turbulent market with the closing of $85,00,000 financing for nonprofit owner/operator, Lifespace.

Repositioning

John Hancock Charter School (November 2022)

HJ Sims successfully closes on $25 million Series 2022A&B Bonds for UT-based public charter school, John Hancock Charter School.

Bonds Charter Schools New Construction

Shining Rock Classical Academy (August 2022)

HJ Sims closes on $21.395 million series 2022 bonds for North Carolina public charter school, Shining Rock Classical Academy to buy out of their lease on one campus and refinance an existing loan.

Charter Schools