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 In The News

  • HJ Sims Helps Finance Houston-Area Community
    A to-be-built seniors housing community in Houston, Texas just received non-recourse PACE (Property Assessed Clean Energy, not the Program of All-Inclusive Care for the Elderly) financing, courtesy of HJ Sims. Consisting of 74 assisted living units, 22 memory care units and 12 independent living cottages, the community is... Read more
    Published on: February 08, 2021 By Ben Swett
  • HJ Sims Handles CCRC Bond Refinance
    HJ Sims worked on behalf of The Bethel Methodist Home, a not-for-profit CCRC in Valhalla, New York, to refinance the property’s existing acquisition bonds. Opening in 2002 and offering a continuum of services from independent living to skilled nursing, the property experienced financial difficulty during the Great Recession... Read more
    Published on: January 19, 2021 By Ben Swett
  • HJ Sims Closes Two Bond Financings
    We wrote last month about the general health of the CCRC market and the numerous expansion projects either breaking ground or opening even during a pandemic. Another CCRC is expanding its services thanks to a large bond financing closed by the team at HJ Sims. Jefferson’s Ferry in Brookhaven,... Read more
    Published on: December 14, 2020 By Ben Swett
  • South Florida CCRC Funds Multi-Phase Expansion Project
    HJ Sims secured long-term, fixed-rate bond financing for a CCRC in Pompano Beach, Florida (Fort Lauderdale MSA). Set on 70 acres, not-for-profit John Knox Village has been serving the local community for more than 50 years. It features nearly 1,000 units of mostly independent living, with a 64-unit assisted living community... Read more
    Published on: November 25, 2020 By Ben Swett
  • HJ Sims Refinances Two Senior Care Communities
    HJ Sims closed a small loan for a seniors housing community in Kansas City, Missouri, and provided ownership with about $61,000 in annual debt service savings as a result. The 81-unit community caters to low-income seniors and was in need of some repairs. Also, real estate taxes had... Read more
    Published on: October 27, 2020 By Ben Swett