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 readingHavenwood-Heritage Heights
HJ Sims recently advised this large New Hampshire Life Plan Community on a debt refinancing that resulted in a lower interest rate, more flexible covenants and additional capital for improvements at the community.
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 readingLegacy at Willow Bend
The Legacy at Willow Bend Retirement Community, Inc. is a Life Plan Community located on 24 acres approximately 20 miles north of downtown Dallas in Plano, Texas. It consists of 12 independent living villas, 102 independent living apartments, 40 assisted living units, 18 memory care units and 60 nursing beds.
Continue readingCarillon
Carillon is a non-profit Life Plan Community located in Lubbock, Texas. The community is located on 25 acres adjacent to Texas Tech University and consists of 256 independent residential units, 45 assisted living units and 140 skilled nursing beds.
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 readingAthena Health Care Systems
Athena Health Care Systems, one of New England’s largest owners and operators, acquired Orchard View Manor in 2013 and Heatherwood in 2014 with conventional bank financing and preferred equity issued by HJ Sims.
Continue readingAffinity Living Group
Sims was approached by an affiliate of Affinity Living Group , a spin-off of Meridian Senior Living, to assist in refinancing various forms of existing subordinate debt that remained on a portfolio of seven senior living properties after it had been refinanced with HUD.
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 readingLeadingAge
Founded in 1961, LeadingAge represents over 6,000 mission-driven, not for profit nursing homes, continuing care retirement communities, assisted living and senior housing providers and a range of home and community-based service providers.
Continue readingAristoi Classical Academy
Aristoi Classical Academy is a public charter school located in Katy, Texas, serving approximately 650 students in grades K-10. Aristoi reached an agreement to purchase 22.16 acres of real property to construct a new campus.
Continue readingCypress Point
Cypress Point is a new construction rental senior living community to be located in Fort Myers, Florida. Once complete, the project will consist of 134 units, which includes 96 assisted living units comprising 102 beds, and 38 memory care units.
Continue readingCanterbury Woods
Canterbury Woods has deep roots providing care to the Buffalo, NY area through affiliated organizations dating back to 1858. HJ Sims has been involved since its inception by providing seed capital in 1996 for its initial development.
Continue readingVolterra at ChampionsGate
Volterra at ChampionsGate, a Tuscan Isle Community is a new senior living community to be located in Four Corners, FL. It will consist of 131 independent living apartments, 56 assisted living and 36 memory care suites and encompass approximately 220,000 square feet.
Continue readingMeridian Senior Living
Sims was approached by an affiliate of Meridian Senior Living, the fifth largest senior housing provider in the U.S., to provide subordinate debt in connection with a HUD refinancing of several assisted living communities.
Continue readingPhiladelphia Protestant Home
The Philadelphia Protestant Home operates a continuing care retirement community in the Lawndale neighborhood of Northeast Philadelphia consisting of 266 independent living units, 175 personal care units and a 126-bed nursing facility.
Continue readingShalom House
Sims Mortgage Funding (SMF) recently closed an FHA-insured loan for the Shalom House, a 151-unit elderly housing project located in Ventnor, NJ.
Continue readingSpringShire Retirement Community
Twenty-five years after developer Justus “Jud” Ammons opened Raleigh’s first CCRC, David Ammons, his son and President of Retirement Living Associates, has continued the family legacy through the development of a new CCRC in Greenville, NC – SpringShire Retirement Community.
Continue readingAthena Health Care
Sims successfully completed a $42 million private placement of taxable bonds to accredited investors to refinance existing debt and preferred equity for a skilled nursing portfolio consisting of 20 communities located in Connecticut, Massachusetts and Rhode Island.
Continue readingOmega Communities
HJ Sims is pleased to announce the closing of $14,000,000 of Series 2015 Tax-Exempt Senior Bonds and $3,650,000 of Series 2015 Taxable Bonds for Omega Communities to fund the acquisition and rehabilitation of an assisted living community in Alabama.
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