Sinai Residences Phase II Reaches100% Occupancy

HJ Sims congratulates the Toby & Leon Cooperman Sinai Residences (“Sinai Residences”) on achieving 100% occupancy of its East Campus expansion.  Sims first partnered with Sinai Residences in conjunction with its initial seed capital financing in 2011 and has subsequently provided a number of financings and refinancings to build out the full campus, including the $135 million, 111-unit independent living (East Campus) expansion in 2020.  Sinai Residences has demonstrated the ability to fill two large independent living projects, at a remarkable pace. Again, congratulations to Sinai Residences on such an amazing milestone for the East Campus.

“We are thrilled by the remarkable and fast paced occupancy of 100% in Sinai Residences Phase II, which we refer to as the East Campus. We attribute this success to the thoughtful design process we employed throughout the planning stages which focused on generous green spaces in the apartment building and a wide range of options, including luxury finishes and decadently designed living spaces. We also engaged with depositors by hosting ongoing gatherings, communicating regularly via our community newsletter and curating special groups for them to meet such as a book club. This helped to showcase Sinai Residences’ role as a pillar in the community, our high degree of existing resident satisfaction, and just as importantly, our quality reputation for service and hospitality.”

– Rachel Blumberg, President and CEO, Toby and Leon Cooperman Sinai Residences of Boca Raton

Learn about how Sinai Residences partnered with HJ Sims to assist with the financing of this project.

Congratulations to the staff and residents of the Toby & Leon Cooperman Sinai Residences !