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 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 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 Underwrites Combination of Current and Forward Delivery Bonds, Locking-In Debt Service Savings and Interest Rates for Future Capital Improvements for Loomis Communities, a multi-campus senior living organization in Massachusetts.
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HJ Sims generates significant debt service savings for Benedictine Health System affiliate, Catholic Residential Services, a senior living community consisting of two assisted living and skilled nursing communities located in Wisconsin.
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HJ Sims Partners with Wesley Woods of Newnan – Peachtree City, a continuing care retirement community located in Newnan, Georgia, to Refinance Outstanding Bonds and Improve Covenants.
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HJ Sims successfully completes $25.1 million Cinderella refinancing with 15-year Bank Commitment for Bible Fellowship Community, a not-for-profit life plan community, located on 46 rural acres in Whitehall, Pennsylvania.
Continue readingLIBOR, 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.
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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.
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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.
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HJ Sims Partners with Good Shepherd Village at Endwell to Refinance Bank-Held Bonds and Provide Funds for Community Improvements. Good Shepherd Village at Endwell, Inc. is a fee-for-service continuing care retirement community located in Endwell, New York approximately 8 miles west of Binghamton consisting of 74 independent living cottages, 80 independent living apartments, 16 assisted living units, 16 memory care units and 32 skilled nursing beds.
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HJ Sims Successfully Completes $48.5 Million Refinancing and Expansion Project with 15-year Bank Commitment for Peter Becker Community, a not-for-profit life plan community located on a nearly 100 acre campus in Harleysville, Pennsylvania.
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HJ Sims Completes $264.6 Million Expansion and Forward Refundings of Four and Nearly Seventeen Months with Long-Time Client, Searstone, Using Fixed-Rate Bonds and Entrance Fee Principal Redemption Bonds
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HJ Sims executes complex current and advanced refundings for Maple Knoll Communities in anticipation of a pending affiliation. Maple Knoll Communities is an Ohio not-for-profit corporation that owns and operates two Continuing Care Retirement Communities.
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HJ Sims Partners with Brandermill Woods, a rental senior living community located outside of Richmond, Virginia, to Generate Cash Flow Savings and Early Debt Repayment via a 15-Year Fully Amortizing Bank Loan Exceeding Client’s Expectations.
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HJ Sims Raises $398 Million for New University Based Retirement Community on SUNY Purchase College Campus Employing Ground Leasehold Mortgage to Secure Bonds. Upon becoming President of the State University of New York – Purchase College in 2003, Thomas Schwarz assembled a committee to explore the possibility of developing a senior living community on the college campus.
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The Ohio Masonic Home owns and operates three life plan communities across Ohio, including Browning Masonic Community in Waterville, OH, Springfield Masonic Community in Springfield, OH, and Western Reserve Masonic Community in Medina, OH, as well as a foundation outside of the Obligated Group.
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Founded in Upper Sandusky, Ohio in 1916, United Church Homes owns and manages more than 70 Life Plan, healthcare and affordable housing communities in 14 states and two Native American nations. UCH provides affordable housing, independent living, assisted living, long-term care, rehabilitative care and memory care to thousands of older adults.
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Founded in Upper Sandusky, Ohio in 1916, United Church Homes owns and manages more than 70 Life Plan, healthcare and affordable housing communities in 14 states and two Native American nations. UCH provides affordable housing, independent living, assisted living, long-term care, rehabilitative care and memory care to thousands of older adults.
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HJ Sims successfully positions Pennsylvania not-for-profit corporation, Presbyterian Senior Living for future projects with an efficient fixed-rate refinancing.
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