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.
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.
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.