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 readingSims Mortgage Funding Uses Note Modification to Refinance a Market Rate Multifamily Community
Maple Knoll Communities (May 2021)
HJ Sims executes complex current and advanced refundings for Maple Knoll Communities in anticipation of a pending affiliation. Maple Knoll Communities is an Ohio not-for-profit corporation that owns and operates two Continuing Care Retirement Communities.
Continue readingBrandermill Woods (October 2021)
HJ Sims Partners with Brandermill Woods, a rental senior living community located outside of Richmond, Virginia, to Generate Cash Flow Savings and Early Debt Repayment via a 15-Year Fully Amortizing Bank Loan Exceeding Client’s Expectations.
Continue readingLandis Homes (September 2021)
Founded in 1964, Landis Homes, also known as Landis Homes Retirement Community, operates a Continuing Care Retirement Community in Lititz, Pennsylvania on a 114-acre campus surrounded by Lancaster County farmland. As of 2021, LHRC serves approximately 850 residents and nearly 50 adult day service clients.
Continue readingLifespire of Virginia (September 2021)
LifeSpire of Virginia consists of four owned and operated life plan communities across the Commonwealth of Virginia, as well as the Virginia Baptist Homes Foundation. Shortly following the Series 2021 financing, LifeSpire will acquire the independent living, assisted living, and surrounding land of The Summit, located in Lynchburg, Virginia.
Continue readingPresbyterian Senior Living (July 2021)
HJ Sims successfully positions Pennsylvania not-for-profit corporation, Presbyterian Senior Living for future projects with an efficient fixed-rate refinancing. Presbyterian Homes Inc. (d.b.a. Presbyterian Senior Living) is a member of the Obligated Group along with of the following entities: Presbyterian Homes in the Presbytery of Huntingdon, Quincy Retirement Community, The Long Community, Inc., PHI Investment Management Services, Inc., Cathedral Village, and The Long Home testamentary charitable trust.
Continue readingBenedictine Health System (July 2021)
Benedictine Health System, a Minnesota nonprofit corporation, is a Catholic healthcare system that provides long-term care services, congregate housing, assisted living, rehabilitation services, and other healthcare and social services. Benedictine owns, or has a controlling interest in, 23 nursing facilities with 1,815 licensed beds and 26 senior housing with services facilities with 1,890 units in five states.
Continue readingElwyn (June 2021)
Founded in 1852, Elwyn is one of the oldest, largest and most diverse not-for-profit providers of support, treatment and education to children and adults with intellectual and developmental disabilities, autism and related behavioral health issues in the U.S.
Continue readingPoydras Home (May 2021)
Westminster Village West Lafayette was established in 1976 and subsequently formed into a not-for-profit Life Plan Community in 1981. Located off of Cumberland Park in West Lafayette, Indiana, the community held a long-standing reputation for producing quality services to middle-class retirees.
Continue readingAsbury Pennsylvania Obligated Group (June 2021)
Asbury engaged HJ Sims again to facilitate the refinancing of the PA Obligated Group’s outstanding Series 2012 Bonds. In evaluating potential refunding structures, the two key objectives were to maximize debt service savings while also minimizing or eliminating the renewal risk associated with traditional commercial bank financings.
Continue readingWestminster Village West Lafayette (June 2021)
Westminster Village West Lafayette was established in 1976 and subsequently formed into a not-for-profit Life Plan Community in 1981. Located off of Cumberland Park in West Lafayette, Indiana, the community held a long-standing reputation for producing quality services to middle-class retirees.
Continue readingSims Mortgage Funding Completes Metairie Manor Refinancing in Louisiana
Sunset 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 readingThe Marshes of Skidaway Island
Skidaway Health and Living Services, Inc. owns the Marshes of Skidaway Island, a non-profit, 501(c)(3) corporation. The Marshes is a Life Plan Community that offers a full continuum of care with independent living, assisted living and skilled nursing services on a single campus.
Continue readingThe Bethel Methodist Home
The Bethel Methodist Home, d/b/a The Knolls, is a non-profit Continuing Care Retirement Community located on a 29-acre campus in Valhalla, New York in Westchester County. The Knolls offers a full continuum of care with independent living, assisted living and skilled nursing services on a single campus.
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 readingJohn Knox Village Case Study
HJ Sims successfully underwrites pavilion project and refinancing for John Knox Village in Pompano Beach, Florida.
Continue readingCasa de las Campanas Case Study
HJ Sims completes third financing for client to secure long-term bank commitment to refinance all of its outstanding debt generating significant interest rate savings.
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.
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