We are very pleased to have Annamae Logan join the firm as a Senior Vice President and Managing Director. Annamae brings 24 years of bond experience to the firm.
For our banking clients, Annamae’s department will enhance Sims’ bridge loan expertise. The loans could be bridges to a variety of financing sources, including HUD programs, EB-5 investors and charitable contributions.
The department will also make markets in taxable municipal bonds. Our banking clients often use taxable municipals to fund costs which are not allowed for tax-free bonds. These costs could be as large as acquisitions of housing units to as small as certain costs of tax-free bond issuance.
The buyers of bridge loans and taxable bonds are often termed “middle market” institutional investors. These investors include money managers, investment advisors, community banks and others. Annamae’s expertise and experience has expanded these distribution channels for the financing needs of our banking clients. Please contact one of our bankers listed below to learn more about our bridge loan and taxable municipal bond financing strategies.