HJ Sims Market Commentary: The Red, White and Blue

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In Department of Defense terminology, CONOPS stands for a concept of operations, a statement that concisely expresses what a commander intends to accomplish and how it will be done using available resources. As the first quarter of 2022 draws to an end, individual investors may see the need to create or revise their own individual investment CONOPS after some in-depth communications with our trusted financial planners, counsel, tax advisers and investment professionals.

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Goodwin Living (May 2022)

HJ Sims Successfully Completes $115 Million All Bank Tax-Exempt Financing for New Satellite Campus and Refinancing for Phoebe Ministries, a not-for-profit, multi-facility, Pennsylvania-based organization specializing in healthcare, housing, and support services for older adults.

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HJ Sims Market Commentary: Tilting

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In Department of Defense terminology, CONOPS stands for a concept of operations, a statement that concisely expresses what a commander intends to accomplish and how it will be done using available resources. As the first quarter of 2022 draws to an end, individual investors may see the need to create or revise their own individual investment CONOPS after some in-depth communications with our trusted financial planners, counsel, tax advisers and investment professionals.

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HJ Sims Market Commentary: Sinkers and Curves

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In Department of Defense terminology, CONOPS stands for a concept of operations, a statement that concisely expresses what a commander intends to accomplish and how it will be done using available resources. As the first quarter of 2022 draws to an end, individual investors may see the need to create or revise their own individual investment CONOPS after some in-depth communications with our trusted financial planners, counsel, tax advisers and investment professionals.

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Senior Living Portfolio in Florida

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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,

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HJ Sims Market Commentary: End of an Era

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In Department of Defense terminology, CONOPS stands for a concept of operations, a statement that concisely expresses what a commander intends to accomplish and how it will be done using available resources. As the first quarter of 2022 draws to an end, individual investors may see the need to create or revise their own individual investment CONOPS after some in-depth communications with our trusted financial planners, counsel, tax advisers and investment professionals.

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HJ Sims Closes $25.515 Million Series 2022 Bonds for Texas Public Charter School

HJ Sims announces the closing of a $32 million USDA-financed expansion project for Evenglow Lodge in Pontiac, IL. In accordance with USDA-debt requirements, proceeds of the financing will be used for the construction of 76 replacement assisted living units, common space and other space used by the Health Center, as well as for the demolition of the existing assisted living structure.

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Asbury Maryland (May 2022)

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,

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HJ Sims Market Commentary: One Day at a Time

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In Department of Defense terminology, CONOPS stands for a concept of operations, a statement that concisely expresses what a commander intends to accomplish and how it will be done using available resources. As the first quarter of 2022 draws to an end, individual investors may see the need to create or revise their own individual investment CONOPS after some in-depth communications with our trusted financial planners, counsel, tax advisers and investment professionals.

Continue reading

The Gathering Place (May 2022)

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 reading

Phoebe Ministries (May 2022)

HJ Sims Successfully Completes $115 Million All Bank Tax-Exempt Financing for New Satellite Campus and Refinancing for Phoebe Ministries, a not-for-profit, multi-facility, Pennsylvania-based organization specializing in healthcare, housing, and support services for older adults.

Continue reading

HJ Sims Market Commentary: The ESG Lineup

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In Department of Defense terminology, CONOPS stands for a concept of operations, a statement that concisely expresses what a commander intends to accomplish and how it will be done using available resources. As the first quarter of 2022 draws to an end, individual investors may see the need to create or revise their own individual investment CONOPS after some in-depth communications with our trusted financial planners, counsel, tax advisers and investment professionals.

Continue reading

HJ Sims Market Commentary: Friend or Foe?

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In Department of Defense terminology, CONOPS stands for a concept of operations, a statement that concisely expresses what a commander intends to accomplish and how it will be done using available resources. As the first quarter of 2022 draws to an end, individual investors may see the need to create or revise their own individual investment CONOPS after some in-depth communications with our trusted financial planners, counsel, tax advisers and investment professionals.

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Quarter in Review

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Financings

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HJ Sims raises $4.93 million for Investment in Benchmark Funds

Headquartered in Waltham, Massachusetts, Benchmark Senior Living is a premier owner, operator, and developer of senior living communities. Founded in 1997, Benchmark currently operates over 60 communities and over 5,500 units spread across eight states in the northeast. Read more.

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HJ Sims Completes $264.6 Million Expansion and Forward Refundings​

Samaritan Housing Foundation, Inc., dba “Searstone” is a life plan community located in Cary, NC that opened in 2013. The Community currently consists of 131 independent living apartments, 38 independent living estate homes, 14 assisted living units, and 25 skilled nursing units. Read more.

HJ Sims Delivers $125 Million Forward Refinancing for Toby and Leon Cooperman Sinai Residences

Toby and Leon Cooperman Sinai Residences of Boca Raton is an existing life plan community, managed by Life Care Services, which consists of approximately 234 independent living units, 48 assisted living units, 24 memory-support units, 60 skilled nursing beds and related common amenities. Read more.

HJ Sims Partners with King’sBridge to Refinance Outstanding Debt, Finance Capital Improvements and Improve Liquidity

King’sBridge Retirement Center (the “Community”) is a rental senior living community founded in 1985 in northeast Atlanta, Georgia. The retirement community consists of 142 independent living units, 48 assisted living units, and 13 memory care units. Read more.

HJ Sims triumphs in closing USDA Financing for Evenglow’s $32 million Expansion Project​

Evenglow Lodge began providing healthcare services to the community of Pontiac in 1958. Subsequently an endowment was formed to procure additional resources of expansions throughout the years with the most recent expansion being the addition of a new memory care facility. Read more.

HJ Sims Generates Annual Debt Service Savings for National Church Residences Affiliate in Rising Interest Rate Environment

First Community Village is a life plan community located in Upper Arlington, Ohio. The 32-acre campus includes a 68-bed skilled nursing center, a 38-unit assisted living center, 36 memory care assisted living suites, 86 luxury independent living apartments, 19 independent living Gardens apartments, 38 ranch-style manor homes and 67 new independent living units. Read more.

Advisory

Q1 Highlights

HJ Sims hosts the 19th Annual Late Annual Conference

During the past nineteen years, HJ Sims has hosted our Annual Late Winter Conference as a forum to gather experts from across the senior living industry in order to share experiences, strategies and operations. Last year, the conference looked a little different with a condensed, virtual format. This year, we were pleased to be back in-person hosting 350 senior living owners and operators and industry professionals at the Loews Portofino Bay Hotel at Universal Orlando, Florida.

HJ Sims Expands Investment Banking Group with Introduction of Education Finance Practice

HJ Sims announced the addition of two senior bankers, expanding the firm’s education finance practice. The Sims education finance team provides comprehensive capital planning, structure and execution for charter schools, public and private education systems and institutions. Read more.

Richard Harmon
Richard "Rich" Harmon
Executive Managing Director
Head of Education Finance
Robert "Rob" Nickell
Executive Vice President

HJ Sims Market Commentary: Dancing in the Clouds

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In Department of Defense terminology, CONOPS stands for a concept of operations, a statement that concisely expresses what a commander intends to accomplish and how it will be done using available resources. As the first quarter of 2022 draws to an end, individual investors may see the need to create or revise their own individual investment CONOPS after some in-depth communications with our trusted financial planners, counsel, tax advisers and investment professionals.

Continue reading

First Community Village (March 2022)

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 reading

HJ Sims Market Commentary: Mega Meta Menu

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In Department of Defense terminology, CONOPS stands for a concept of operations, a statement that concisely expresses what a commander intends to accomplish and how it will be done using available resources. As the first quarter of 2022 draws to an end, individual investors may see the need to create or revise their own individual investment CONOPS after some in-depth communications with our trusted financial planners, counsel, tax advisers and investment professionals.

Continue reading