Pennsylvania Provider Finances for the Future

December 18, 2018 Steve Monroe Financings Citizens Bank, HJ Sims, Phoebe Ministries Leave a comment

HJ Sims met Phoebe Ministries’ capital needs with a taxable financing provided by Citizens Bank. A not-for-profit senior care provider with locations in seven Pennsylvania counties, Phoebe Ministries recently purchased a 38-acre property in Emmaus (near Allentown) to convert the existing office building there into seniors housing. That came to a cost of $12 million. […]

HJ Sims Heads to Hudson

April 12, 2017 Steve Monroe Financings Catholic Health Partners, Citizens Bank, First Commonwealth Bank, HJ Sims, Somerset Trust Leave a comment

Interest rates are on the rise, as Janet Yellen moves to end an era of unprecedented stimulative monetary police. With that shift likely coming, borrowers will look to take advantage of low interest rates now. That was clearly on the mind of the owners of a 150-acre not-for-profit CCRC in northeast Ohio, who worked with […]