HJ Sims committed to funding $12 million to purchase Class A Interests in a new investment partnership, BSL Investors Fund II, LLC (“BSL II”) with long-time partner Benchmark Senior Living, LLC (“Benchmark”). BSL II was formed to develop and acquire senior housing communities located in the Boston to Washington DC corridor.
Continue readingMerrill Gardens V
In 2016 Sims committed to co-invest $15 million in its third fund (“RDM V” or the “Fund”) with trusted partner Merrill Gardens, LLC (“Merrill Gardens”). RDM V was formed to acquire, develop and operate new senior housing and multifamily properties in the western and southern United States.
Continue readingAcquisition Funding
A privately held healthcare owner and operator specializing in the acquisition and management of high quality skilled nursing facilities reached an agreement to acquire a portfolio of two healthcare campuses consisting of over 200 beds.
Continue readingFrederick Living
HJ Sims successfully completes $19.5 million debt refinancing generating interest rate and cash flow savings, extended bank credit commitment and supplementary new project financing prior to year-end Federal tax reform deadline.
Continue readingAviva
Sarasota-Manatee Jewish Housing Council, Inc. d/b/a Aviva, is a nonprofit corporation located on an approximate 26-acre site in Sarasota, Florida.
Continue readingSearStone
Samaritan Housing Foundation, Inc., d/b/a SearStone Retirement Community, is a life plan community located in Cary, NC. The Community presently consists of 131 independent living apartments, 38 independent living estate homes, 8 assisted living units, and 16 skilled nursing beds.
Continue readingPresbyterian SeniorCare Network
Presbyterian SeniorCare (“PSC”) is a not-for-profit, faith-based, multi-site network of living and care options, serving more than 6,500 older adults in 10 counties in Western Pennsylvania. Among PSC’s multiple initiatives is the expansion of memory care services to populations that are underserved.
Continue readingThe Preserve
The Preserve Project (the “Project”) is a new assisted living, memory care and skilled nursing community that will be located in Fort Myers, Florida.
Continue readingWestminster Pines
Westminster Pines, Inc. d/b/a Westminster St. Augustine is a not-for-profit corporation wholly owned by an affiliate of Presbyterian Retirement Communities (“PRC”), otherwise known as Westminster Communities of Florida.
Continue readingWestminster Village
Westminster Village, Inc. is Scottsdale’s premier, not-for-profit life care retirement community that provides resort style amenities, housing, health care and other related services to residents. The Community contains 250 independent living apartments, 23 assisted living units and 49 beds in the Weyrich Health Care Center.
Continue readingWestminster Village
Westminster Village is Scottsdale’s premier, not-for-profit life care retirement community that provides resort style amenities, housing, health care and other related services to residents.
Continue readingPA-LTC
PA-LTC owns two skilled nursing facilities in Pennsylvania: Linwood Nursing and Rehabilitation Center, a 102 licensed bed nursing facility located in Scranton, and Edgehill Nursing and Rehabilitation Center, a 60-bed nursing facility located in Glenside.
Continue readingAmerican Baptist Homes of the Midwest
American Baptist Homes of the Midwest (“ABHM”) is principally engaged in the business of owning and operating health care facilities which provide skilled nursing, convalescent and rehabilitative care to elderly persons on an in-patient basis.
Continue readingPresby’s Inspired Life
Philadelphia Presbytery Homes and Services for the Aging, d/b/a Presby’s Inspired Life (“Presby”) is a regional leader in senior living in the greater Philadelphia area that has been serving the area since 1955. Presby provides senior living services to seniors of all economic backgrounds.
Continue readingAffinity
Sims 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 readingAffinity Living Group
Sims was approached by an Affinity-led joint venture to assist in refinancing a portfolio of four newly developed assisted living and memory care communities in North Carolina.
Continue readingThe Evangelical Lutheran Good Samaritan Society
The Evangelical Lutheran Good Samaritan Society is the largest not-for-profit provider of senior care and services in the country. Sanford Health, headquartered in South Dakota, is the largest, rural, not-for-profit health care system in the nation.
Continue readingGolden Pond Communities
HJ Sims partnered with Affinity Living Group to provide subordinate financing to fund the acquisition of Golden Pond Communities, a 78-unit assisted living and memory care community located in Winter Garden, Florida.
Continue readingBorrower
Sims was approached by affiliates of the Borrower to provide financing in connection with the acquisition of a skilled nursing facility comprised of 120 skilled nursing beds and 7 independent living beds.
Continue readingProvident Village at Canton
Provident Village at Canton is a new senior living community that consists of 55 assisted living units and 25 memory care units located in Canton, Georgia. The Community is owned and managed by affiliates of Provident Resources Group.
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