Representative Engagements

Category: Capital Improvements

Lutheran Community at Telford

HJ Sims successfully completed a combined $32.1 million debt refinancing and modification generating interest expense savings, extended bank credit commitments and supplementary new project financing.


Margate Terrace

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.


Good Shepherd Community

Sims Mortgage Funding (SMF) recently closed a $2,358,000 HUD-insured loan for Good Shepherd Apartments, at 58-unit elderly housing community located in Sauk Rapids, MN. The Project was built in 1979 and financed with a Section 202 Direct Loan.


Westminster Communities of Florida

Presbyterian Retirement Communities, Inc., d/b/a Westminster Communities of Florida, and its affiliates constitute the largest group of life plan communities in Florida with a total of 3,244 units including 2,025 residential units, 468 assisted living units and 751 skilled nursing units.


The Hickman

Founded in 1981 as a Quaker boarding home, The Hickman Friends Senior Community of West Chester d/b/a “The Hickman” (”Community”) is a licensed Personal Care Home located in downtown West Chester, Pennsylvania.

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