Representative Engagements

Category: FHA Insured Loans

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.

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Vintage Realty Company

Vintage Realty Company, a major regional developer and property manager headquartered in Shreveport, LA, needed financing for the Reserve at Couret Farms, a proposed 175-unit project to be located in Lafayette, LA.

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Athena Health Care Systems

Athena Health Care Systems, one of New England’s largest owners and operators, acquired Orchard View Manor in 2013 and Heatherwood in 2014 with conventional bank financing and preferred equity issued by HJ Sims.

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Shalom House

Sims Mortgage Funding (SMF) recently closed an FHA-insured loan for the Shalom House, a 151-unit elderly housing project located in Ventnor, NJ.

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Island Nursing and Rehabilitation Center

Sims Mortgage Funding (SMF) recently served as Financial Advisor in connection with a $13,656,333 FHA-insured loan for the Island Nursing and Rehabilitation Center, a 120-bed facility located in Holtzville, NY.

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