Principal, H. J. Sims & Co.
Mr. Sands has extensive experience in the hospital and senior living industry. He has been involved in the development, acquisition, and financing of over 250 hospitals, nursing homes, continuing care retirement communities (“CCRCs”), and assisted living facilities.
Prior to joining HJ Sims, Mr. Sands was the Managing Partner of the Hartford office of Wiggin & Dana, a large Connecticut-based law firm. He also served as Chairman of the firm’s Long-Term Care Practice Group and specialized in corporate, financial, and regulatory issues involving both proprietary and non-profit health care providers. He has also served on the Legal Committee of the American Association of Homes and Services for the Aging. While in private practice, he was regularly listed in Best Lawyers in the United States as a health care expert.
Since joining HJ Sims in 1995, Mr. Sands has been the senior banker for debt and equity financing totaling over $1 billion for proprietary and non-profit senior housing providers, including the structuring of over $200 million in equity and mezzanine placements. He has worked with both proprietary and non-profit clients on a variety of financings. He supervised the successful development of the MatchCapSM Program which raises equity money to fund pre-finance costs of start-up CCRCs. He has served as the senior investment banker for senior living financings that utilized equity, taxable bonds, and tax-exempt bonds. Mr. Sands also serves as the managing partner for a number of Sims’ equity partnerships overseeing over $100 million of investor funds. Mr. Sands graduated from Trinity College and received his law degree with high honors from the University of Connecticut School of Law.