Raul Escudero, Managing Director, HJ Sims Puerto Rico said the firm is looking for young talent interested in forging a career in the investment world.
Escudero believes that the local economy shows encouraging signs and proposes to create a new strain of financial advisors on the island.
Read more in EL Neuvo Dia.
HJ Sims announced it closed $23,340,000 in financing for Poydras Homes, a continuing care retirement community in New Orleans, Louisiana.
The CCRC includes 64 private nursing care beds, all of which will be replaced with the first certified Green House project in the state in two three-story buildings along with 14 additional assisted living units.
Read more in Skilled Nursing News.
HJ Sims is pleased to have helped make the refinancing possible. It conducted a comprehensive bank solicitation seeking a $45 million taxable credit facility, comprising a $30 million line of credit and letters of credit for up to $15 million. The facility is secured by a pledge of gross revenues and a mortgage on Elwyn’s main campus on parity with Elwyn’s $56 million of outstanding tax-exempt bonds and tax-exempt/taxable bank debt.
Read more in Behavioral Health Business.
HJ Sims closed a $45 million refinancing package for Elwyn, a Media, Pennsylvania-based nonprofit provider of support, treatment and education to children and adults with intellectual and developmental disabilities, autism and related behavioral health issues in the U.S. Elwyn delivers education, residential and community-based treatment, and vocational training programs to more than 20,000 individuals in California, Delaware, New Jersey, Pennsylvania, Rhode Island, Maine, Massachusetts, North Carolina, and Virginia.
Read more in Senior Housing News.