ASA 2022 On Aging Conference

American Society on Aging Logo

2022 On Aging Conference

The theme of the 2022 Conference is Advancing Economic Security.

HJ Sims is proud to be a thought leader and present at On Aging, considered to be the nation’s largest multidisciplinary conference on aging.

Education Session:

Reaching a Diverse Middle Market through Innovative Engagement, Funding & Design Strategies

Session Description:

Explore programming, engagement, design and funding strategies to develop age-friendly, diverse, middle market housing. This session will delve into the formation of key strategic partnerships for successful community integration and inclusion. The panel will highlight housing strategies that address the key themes of Innovation and Social Impact, Economic Security and Justice and Equity.

Panelists:

  • Lynn Daly, Executive Vice President, HJ Sims
  • Evon Bergey, Vice President of Community Initiatives, Landis Communities
  • Craig Kimmel, Partner, RLPS Architects
  • Elizabeth Soto Albrecht, Diversity Consultant

Attendance:

AJAS 2022 Annual Conference

AJAS Logo

Collaborative Café:

A reinvented way of exhibiting – Visit us at table #20.

Sponsorship:

HJ Sims is proud to sponsor AJAS, and an Evening with Doris Kearns Goodwin. Doris Kearns Goodwin, is a presidential historian and Pulitzer Prize-winning author, who is poised to offer her insights on leadership.

Thought Leadership

Educational Session #1: What’s Next for Jewish Senior Living Communities

Session Date & Time: Monday, April 4, 10:00 – 10:45am

Session Description: Many Jewish Senior Living Communities have long, successful histories of serving seniors, particular as relates to providing skilled nursing care. In many markets, Jewish Senior Living Communities are viewed as providing the highest level of care in their markets, attracting as many or more non-Jewish residents as Jewish residents. But with aging physical plants, changing reimbursement systems and changing consumer preferences, organizations are facing declining margins and the need for enhanced fund raising to deal with on-going operating deficits. Looking to the future, what are the key metrics and options senior leadership of Jewish Senior Living Organizations should focus on?

Featured Speakers:

  • Aaron Rulnick, Managing Principal, HJ Sims
  • Jason Jorgenson, Vice President/Managing Director of Development, LCS
  • Joe Weisenburger, Vice President/Senior Director of Business Development, LCS
  • Blake Gillman, Vice President/Director of Post-Acute Care Services, LCS
  • Rachel Blumberg, Executive Director, Sinai Residences of Boca Raton

Education Session #2: Community Lay Leaders Program

Creating Strategic Partnerships and Affiliations While Bridging Mission and Vision

Session Date & Time: Monday, April 4, 4:00 – 6:00pm

Session Description: Learn how innovative boards and senior leadership are utilizing strategic partnerships, non-traditional affiliations and new approaches to growth and sustainability. As long term care utilization is continuing to decline and reimbursement is continuing to shrink the financial gaps growth where communities can no longer fundraise their way out of it. The program will review new programs, services and affiliations designed to capture younger consumers, broaden your organization’s reach and enable your communities to be self-sustaining.

Featured Speakers:

  • Carol Silver Elliot, President and CEO, Jewish Family Home
  • Dan Cinelli, Principal, Perkins Eastman
  • Aaron Rulnick, Managing Principal, HJ Sims
  • Melinda Schmitz, President, Sage Age
  • Brian Schiff, Managing Director, BS&A
  • Jeff Weatherhead, Chief Operating Officer, Aldersgate

Contacts:

As we continue to experience fluctuations in our capital markets, HJ Sims is committed to Tracking the COVID-19 Impact.

HJ Sims Market Commentary: Eyes on Teasuries

HJ Sims Logo

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

Mease Life (December 2021)

Mease Life Logo

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: CONOPS For Investors

HJ Sims Logo

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: Piano Concerto for the Left Hand

HJ Sims Logo

Paul Wittgenstein was one of eight children born into a wealthy Vienna family in 1887. His parents frequently welcomed into their warm parlor some of the world’s most prominent composers: Johannes Brahms, Gustav Mahler, Richard Strauss. Living through, and serving in World War I, Paul’s story, like many others — then and now — is one of survival and determination.

Continue reading

HJ Sims Expands Public Finance Education Practice

Richard Harmon

HJ Sims is pleased to announce the addition of two senior bankers, Richard Harmon and Robert Nickell, expanding the firm’s public finance education practice. The HJ Sims public finance team provides comprehensive capital planning, structure and execution for charter schools, public and private education systems and institutions.

Continue reading

HJ Sims Market Commentary: Hikes

HJ Sims Logo

By the time he turned five, Harvey “Little Man” Sutton of Lynchburg, Virginia, had spent a remarkable 11% of his life on the Appalachian Trail, hiking more than 2,190 miles through 14 states in 209 days, starting with his first steps up on Georgia’s Springer Mountain in January of 2021, and ending with the final celebratory steps in August atop Mount Katahdin. To maintain or hike is just one of the many questions also facing the Federal Open Market Committee, a very special subgroup of U.S. central bank whose statements and actions drive the global markets.

Continue reading

HJ Sims Market Commentary: Drumbeats

HJ Sims Logo

There is a drumbeat emanating from family kitchens and elementary school classrooms, corner restaurants and city stadiums, office buildings and grocery stores, suburban gyms and resort hotels, and it is growing louder. And, those drumbeats have reached the financial markets. Starting two years ago, the financial markets have been percussed, but have since been cymbals of the central banks and the incongruous but profitable risk-on behavior they have fostered.

Continue reading

Clark Retirement Community Announces Planned Affiliation with BHI Senior Living

“When our Board of Trustees chose HJ Sims to represent Clark in identifying and evaluating potential affiliation partners it was due to two key factors: 1) HJ Sims reputation and experience in working with non-profit, faith based Life Plan Communities through this process and 2) Clark’s ability to work with Lynn Daly. Lynn has consistently demonstrated to me and my Board a willingness to know and embrace our mission, vision and values over the time we have worked with her. She is also honest and frank about the process and how it will work. We are very pleased with the work and support received from HJ Sims and Lynn Daly and we look forward to continuing our relationship with them for years to come.” – Brian Pangle, President/CEO, Clark

Continue reading

Mennonite Health Assembly 2022

Mennonite Health Society Logo

MHS’s Mennonite Health Assembly

HJ Sims is proud to be an MHS Supporter Sponsor.

Thought Leadership and Educational Session:

The Power of Innovative Senior Services Boards

Session Date & Time: Friday, March 25, 2:30 – 3:30 pm

Session Description: Not-for-profit senior living management teams expect their boards to be forward-thinking, strategic and innovative. Innovation at the board level is a function of various elements, including a defined strategic direction and best practices in place. So, what does an effective board look like? What are some tools boards can use to remain focused on their organizations’ mission? ? Does the board or management create the strategic plan?

Join Baker Tilly and HJ Sims, together with the Board Chair and Chief Operating Officer of Landis Communities, for an informative an interactive discussion that will explore elements of an innovative board although anyone is welcome.

  • Learn the 12 principles of governance that power exceptional boards and how they can be applied to your organization.
  • Gain and understanding of how to shift the board from crisis management back to strategic planning.
  • Refresh your knowledge of the roles and responsibilities of governing boards, post-pandemic, and be able to share that wisdom with your board.

Featured Speakers:

  • Lynn Daly, Executive Vice President, HJ Sims
  • Beverly Asper, Baker Tilly
  • Evon Bergey, Landis Communities
  • Allon Lefever, Landis Communities

Contacts:

As we continue to experience fluctuations in our capital markets, HJ Sims is committed to Tracking the COVID-19 Impact.

Pending LIBOR Replacement

HJ Sims Logo

LIBOR, which has been the primary index upon which Senior Living Bank Loans and Swaps have been denominated in new and existing financings, is to be discontinued and as such a replacement index is needed. Borrowers should consider the use of an alternate index, and this piece provides expertise on the pending LIBOR replacement as a consideration for senior living organizations.

Continue reading

Plantation Village (November 2021)

Plantation Village Logo

HJ Sims Partners with Plantation Village, a life plan community, which opened in 1988 in Wilmington, North Carolina, to Facilitate Approximately $65 Million Hybrid Expansion Financing involving Short-Term and Intermediate-Term Draw Down Bank Debt and Long-Term Fixed Rate Bonds.

Continue reading