Herbert J. Sims & Co., Inc.
Founded in 1935, HJ Sims is a leading national underwriter of tax-exempt bonds for senior housing and long-term care providers. Sims underwrote the first tax-exempt long-term care bond issue in the United States in 1965 and has since provided more than $15 billion in bond and bank financings to senior living providers.
HJ Sims investment banking staff is headquartered in Connecticut and includes investment bankers located strategically in other parts of the country, including Florida, Maryland, Minnesota, New York and Texas.
Sims' subsidiary and affiliated corporations allow Sims' clients to access an even broader range of services within the long-term care and senior housing field. Sims Mortgage Funding is a Sims subsidiary which originates Federal Housing Administration (FHA_ insured mortgage loans for construction, rehabilitation, acquisition and refinancing of healthcare and senior housing). HJS Advisors, Inc. is a subsidiary of Sims that manages their clients' investments in acquisition financings, mezzanine loans and seed capital financings. Through Sims' subsidiary HJ Sims Investments, LLC and its affiliates, Sims owns numerous senior living facilities nationwide.
As a member in good standing of the Financial Industry Regulatory Authority since 1946, Sims' dedicated retail and institutional sales force in New Jersey, Connecticut, Minnesota and Florida sells all of the bonds they underwrite. Sims sells unrated, rated and credit enhanced bonds to both institutional and retail investors.