HJ Sims in December closed on a $30.03 million financing package for The Bethel Methodist Home, also known as The Knolls, a CCRC in Valhalla, New York. The campus opened in 2002 under the name Westchester Meadows; Bethel Methodist assumed ownership and management in 2016. Read more here in Senior Housing News.
HJ Sims closed on a $77.6 million refinancing and capital project package on behalf of John Knox Village, a life plan community for age- and income-qualified residents in Pompano Beach, Florida. Read more in Senior Housing News.
There are two vaccines for COVID-19 awaiting approval by the U.S. Food and Drug Administration, signaling that there is an end to the pandemic on the distant horizon. However, the impact of the outbreak on the seniors housing industry may be long-lasting.
A group of the industry’s top brass recently suggested that many of the changes made to adapt to the virus may in fact be permanent, and operators should prepare for this.
Read more in Seniors Housing Business.