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Margate Terrace is approximately 25 years old and needed funds for repairs, reserves and improvements that could not be financed from operations. The Project’s managing agent looked to SMF to provide a capital solution.more
Everyone in the senior living industry who knew Bruce Cannon was shocked and saddened by his passing last week. Many of us at Sims have very fond memories of Bruce. Here are some of our thoughts.more
Each year, Senior Living Valuation Services Inc. administers a survey of senior living industry professionals, comprised of appraisers, owner/operators, investors and brokers, on valuation metrics including capitalization rate, discount rate and equity dividend rate.more
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.more
Brethren Village is a not-for-profit life plan community providing housing, health care and other supportive services to seniors in Lancaster and the Central Pennsylvania region. It is located on a 96 acre campus in Lititz, Pennsylvania.more
SMF recently closed $6,778,300 and $15,785,600 in loans for Vintage Realty Company for its Magnolia Trace and Waterview at Sugar Mill multifamily properties in Alexandria and Youngsville, LA.more
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