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 readingJohn Knox Village of Florida (December 2021)
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 readingBenedictine Catholic Residential Services (December 2021)
HJ Sims generates significant debt service savings for Benedictine Health System affiliate, Catholic Residential Services, a senior living community consisting of two assisted living and skilled nursing communities located in Wisconsin.
Continue readingPlantation Village (November 2021)
HJ Sims Partners with Plantation Village, a life plan community, which opened in 1988 in Wilmington, North Carolina, to Facilitate Approximately $65 Million Hybrid Expansion Financing involving Short-Term and Intermediate-Term Draw Down Bank Debt and Long-Term Fixed Rate Bonds.
Continue readingPeter Becker Community (July 2021)
HJ Sims Successfully Completes $48.5 Million Refinancing and Expansion Project with 15-year Bank Commitment for Peter Becker Community, a not-for-profit life plan community located on a nearly 100 acre campus in Harleysville, Pennsylvania.
Continue readingSearstone (October 2021)
HJ Sims Completes $264.6 Million Expansion and Forward Refundings of Four and Nearly Seventeen Months with Long-Time Client, Searstone, Using Fixed-Rate Bonds and Entrance Fee Principal Redemption Bonds
Continue readingOhio Masonic Home (August 2021)
The Ohio Masonic Home owns and operates three life plan communities across Ohio, including Browning Masonic Community in Waterville, OH, Springfield Masonic Community in Springfield, OH, and Western Reserve Masonic Community in Medina, OH, as well as a foundation outside of the Obligated Group.
Continue readingClark Lindsey Village (September 2021)
Founded in Upper Sandusky, Ohio in 1916, United Church Homes owns and manages more than 70 Life Plan, healthcare and affordable housing communities in 14 states and two Native American nations. UCH provides affordable housing, independent living, assisted living, long-term care, rehabilitative care and memory care to thousands of older adults.
Continue readingSunset Retirement Communities (May 2021)
Sunset Retirement Communities is a multi-campus not-for-profit senior living provider located in West Michigan. HJ Sims was engaged to identify the optimal capital structure for Sunset’s project financing while also reviewing their existing bank debt with two different banks.
Continue readingBlakeford at Green Hills
The Blakeford at Green Hills Corporation is a non-profit, 501(c)(3) Tennessee corporation, which owns and manages The Blakeford at Green Hills (“BGH”), a Life Plan Community that offers independent living, assisted living and skilled nursing services to its residents on a single campus.
Continue readingPeconic Landing
Peconic Landing at Southold is a life plan community located in Greenport, New York on Long Island’s North Fork where residents can enjoy 145 acres with 2,700 feet of private beach on Long Island Sound.
Continue readingJefferson’s Ferry
HJ Sims has been privileged to work Jefferson’s Ferry since we underwrote its initial bond financing in 1999 followed by a refunding of the construction financing in 2006. We have also worked with members of the executive management team prior to them joining Jefferson’s Ferry.
Continue readingWestminster Communities of Florida Case Study
HJ Sims successfully completes taxable fixed-rate advance refunding and tax-exempt expansion funding allow for streamlined capital structure and continued low-cost growth
Continue readingPresbyterian Villages of Michigan Case Study
HJ Sims advises Presbyterian Villages of Michigan on Financing Independent Living Rental Expansion project, various refinancings, and adding new members to the Obligated Group.
Continue readingToby and Leon Cooperman Sinai Residences of Boca Raton
Federation CCRC Operations Corp. d/b/a Toby and Leon Cooperman Sinai Residences of Boca Raton is an existing life plan community, managed by Life Care Services (“LCS”), which consists of approximately 234 independent living units, 48 assisted living units, 24 memory-support units, 60 skilled nursing beds and related common amenities.
Continue readingStoneBriar at Burcham Hills
HJ Sims helps Burcham Hills secure a $32 million construction loan for their StoneBriar independent living expansion that introduces an entrance fee independent living option at the East Lansing, MI community.
Continue readingSearstone
HJ Sims successfully completes $6.6 million of Tax-exempt and Taxable Revenue Bonds to position Samaritan Housing Foundation, Inc., d/b/a Searstone Retirement Community, a life plan community located in Cary, NC, for accretive Phase II.
Continue readingLenbrook
Lenbrook is an existing life plan community which consists of 350 independent living residences located in two adjoining towers, the Brookhaven Tower and the Lenox Tower, and is located in Atlanta, Georgia.
Continue readingJewish Home Family
Jewish Home Family is a private not-for-profit corporation operating an integrated healthcare delivery system principally serving the residents of Bergen County, New Jersey. Jewish Home at Rockleigh has been operating the 180-bed Russ Berrie Home for Jewish Living since 2001 on a park-like 16 acre campus in the Rockleigh Township of Bergen County, New Jersey.
Continue readingShenango on the Green
Shenango Presbyterian SeniorCare d/b/a Shenango on the Green is a faith-based not-for-profit organization serving older adults, primarily in Mercer County and Lawrence County, PA.
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