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.
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Asbury engaged HJ Sims again to facilitate the refinancing of the PA Obligated Group’s outstanding Series 2012 Bonds. In evaluating potential refunding structures, the two key objectives were to maximize debt service savings while also minimizing or eliminating the renewal risk associated with traditional commercial bank financings.
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Westminster Village West Lafayette was established in 1976 and subsequently formed into a not-for-profit Life Plan Community in 1981. Located off of Cumberland Park in West Lafayette, Indiana, the community held a long-standing reputation for producing quality services to middle-class retirees.
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