Sims Mortgage Funding, Inc. Closes a $5,243,000 Loan That Preserves Again an Affordable, Elderly Housing Community in Pennsylvania
Continue readingSims Mortgage Funding Closes Complex Construction Loan For Multifamily Rental Housing
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 readingSims Mortgage Funding Uses Note Modification to Refinance a Market Rate Multifamily Community
Sims Mortgage Funding Completes Metairie Manor Refinancing in Louisiana
Middletown Interfaith Apartments
Middletown Interfaith Apartments is a 125-unit affordable senior housing project built in the early 1980s and financed by the Pennsylvania Housing Finance Authority (PHFA), which also administers the Project’s Section 8 HAP Contract.
Continue readingElan at Terra Bella
Vintage Realty Company, a major regional developer and property manager headquartered in Shreveport, LA, purchased the development rights to Elan at Terra Bella, a proposed 178-unit market-rate multifamily project in a Traditional Neighborhood Development on the North Shore.
Continue readingNotre Dame Apartments
Notre Dame Apartments, a former convent in the Belmont – Arthur Avenue neighborhood of the Bronx, NY, was redeveloped into a 98-unit affordable senior housing project by a local community agency in the mid-1980s.
Continue readingNaamans Creek Country Manor
Naamans Creek Country Manor is an existing 90-bed skilled nursing facility located in Boothwyn Township in the greater Philadelphia, PA – Wilmington, DE metropolitan area. The project is owned by an affiliate of The Guardian Foundation.
Continue readingVintage Realty Company
SMF recently closed $6,778,300 and $15,785,600 in loans for Vintage Realty Company for its Magnolia Trace and Waterview at Sugar Mill multifamily properties in Alexandria and Youngsville, LA.
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