Last updated: May 27, 2020
As we continue to experience daily fluctuations in our capital markets, HJ Sims is committed to keeping our employees, our clients and our business partners informed. We are diligently tracking the key indices and data that drive our sectors’ interest rates and access to capital. We have developed a set of straightforward charts that capture these trends and are updating them regularly, at times, daily. The most recent can be viewed here.
View or print the most recent market report in PDF format
We are honored to share the messages of hope, and gratitude, and the stories of our colleagues, partners and clients. Download the full report.
We will update this page adding information as frequently as needed.
In a recent podcast with The Bond Buyer, William Sims, Managing Principal, and Jim Bodine, Executive Vice President, of HJ Sims, offered some perspective and proportion around the impact of COVID-19 on the senior living industry and associated investments. Chip Barnett hosts. April 2020. Listen to the Podcast.
HJ Sims summarizes the SEC’s public statement, “The Importance of Disclosure – For Investors, Markets and Our Fight Against COVID-19,” and provides guidance with respect to making appropriate disclosures. Download the full report.
Did you sell everything and move to cash the week of February 18, 2020? Or, did you buy back into the market on March 23, 2020? Perhaps, you went all-in on the stock market in Q1 of 2009? Download the full report.
HJ Sims helps you understand the Main Street Lending Program, CARES Act and EIDL Program Updates, and provides additional considerations in this overview and summary. Download the full report.
As the world collectively endures a pandemic unseen since perhaps 1918, it is natural to be concerned about our most vulnerable population: senior citizens. And, while seniors are at risk, along with the communities they call home, more light should be shone on the stringent safeguards that have been put into place to protect them. ASHA and LeadingAge, two organizations that work to support owners and operators of senior living communities, are actively soliciting positive feedback from residents and staff in order to share the side of the story that has mostly been in the media shade.
CALL TO ACTION: We are actively collecting positive stories to share. We encourage you to share your stories, along with the name of your community, contact information and anecdote.
An Overview of the Paycheck Protection Program and Economic Injury Disaster Loan Program
Following the announcement of unprecedented assistance packages, designed to help individuals and businesses weather the COVID-19 storm, many are now asking the same questions: Are we entitled to recovery? And, if so, how do we apply for assistance? Our summary provides an overview of the loan programs available, as well as guidance with respect to steps that businesses should take in the immediate future with a view towards receiving relief under such programs. Download the full overview.
The Coronavirus Aid, Relief and Economic Security (CARES) Act was designed to deliver financial relief and respond to some of these concerns. Beyond stimulus checks, it also includes some new rules on tax-protected retirement accounts. Following are highlights of these changes; you can also contact your financial professional to discuss how these rules may impact your personal financial situation.
We are pleased to share a report from Fitch Ratings. The report is a compilation of discussions items and questions from participants of a recent webinar. The webinar addressed the potential impact of COVID-19 on two key aspects of the US healthcare system: acute hospitals and health systems, and Life Plan Communities.
The financial markets have been tumultuous and volatile over the past few weeks. At HJ Sims, we have been utilizing our scenario and stress testing tools to evaluate portfolios and help position our investors. In this paper, we will summarize the market environment and test four hypothetical portfolios against three scenarios: the COVID-19 Pandemic, a Global Recession and a Negative Interest Rate Environment. Download the full overview.
March 18, 2020:
Dear Valued Client,
As you are likely closely monitoring the developments and impact of COVID-19, we are doing the same at HJ Sims. Our primary focus is the safety and well-being of our employees, our clients and their families.
We would like to update you on important preparations currently in place, and our ability to respond to your needs during this unprecedented time.
Please be sure to keep us updated with your contact information so we may stay in touch with you.
We are confident that we are taking proper steps to ensure the continued operation of our business, and continue to follow guidance from official local, state and Federal Government and public health agencies, including the Centers for Disease Control (CDC). We will monitor and evaluate the situation and determine whether additional steps are needed to support our clients and communities.
We have strong financial talent who have the experience to weather all market cycles. We appreciate your trust and confidence in us. Please let us know if we can help in any way.
We wish you, your communities and your family all the very best.