A newly formed venture was under contract to acquire a highly occupied skilled nursing community in the Southwest. The Borrower’s ownership team combined the strength of an experienced local executive management team with a nationally recognized skilled nursing owner and operator.
Continue readingMagnolia Senior Living is newly created company founded by Henry Orlinsky and Spencer Mandelbaum that focuses on providing excellent senior care in the most affordable way. Grace Manor at North Park.
Continue readingHJ Sims Provides $7.45 Million HUD PlusTM Loan for Texas SNF Portfolio Acquisition
Continue readingA Joint Venture led by Hill Valley Healthcare reached an agreement to acquire a Portfolio of two skilled nursing facilities and one assisted living community.
Continue readingNext Healthcare Capital (“Next”) is a privately held healthcare real estate investment firm specializing in the acquisition and leasing of skilled nursing facilities.
Continue readingHJ Sims provides HUD Plus financing for a 12-property nursing portfolio acquisition. Next Healthcare Capital (“Next”) is a privately held healthcare real estate investment firm specializing in the acquisition and leasing of high quality skilled nursing facilities.
Continue readingSims was approached by an affiliate of Affinity to assist in refinancing existing subordinate debt remaining on a portfolio of six assisted living communities in North Carolina after it had been refinanced with HUD.
Continue readingParkview Community Hospital, a 193-bed not-for-profit community-based hospital in Riverside, CA, needed additional capital to finance an expansion of its emergency department, which was undersized and overutilized.
Continue readingSims Mortgage Funding (SMF) recently closed a $2,358,000 HUD-insured loan for Good Shepherd Apartments, at 58-unit elderly housing community located in Sauk Rapids, MN. The Project was built in 1979 and financed with a Section 202 Direct Loan.
Continue readingDiakon Lutheran Social Ministries (DLSM), one of the largest Lutheran affiliated social service organizations in the U.S., owns and manages Frostburg Heights Apartments, a 110-unit elderly housing project.
Continue readingSims was approached by an affiliate of Affinity Living Group, a spin-off of Meridian Senior Living, to assist in refinancing various forms of existing subordinate debt that remained on a portfolio of seven senior living properties after it had been refinanced with HUD.
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