• Public REIT Lands Portfolio in Competitive Sale

    by | Apr 14, 2026 2:52 pm | Acquisitions

    A portfolio of Class-A seniors housing communities sold in the Southeast to an undisclosed publicly traded REIT. Featuring six assets in Georgia and South Carolina, the portfolio totaled 156 independent living, 200 assisted living and 70 memory care units. The communities were built between 2017 and 2022 by a Southeast-based developer. Occupancy... Read More »

  • Regional Owner/Operator Acquires Ocala AL Community

    by | Apr 14, 2026 2:50 pm | Acquisitions

    The third and final asset in the Hampton Manor portfolio has sold with the help of Brad Clousing and Dan Geraghty of Senior Living Investment Brokerage. Hampton Manor Deerwood in Ocala, Florida, was built in 2005 and expanded in 2016 to now feature 61 units of assisted living. The property is stabilized, so the new owner can hit the ground... Read More »

  • Second Generation Operator Divests SNF Portfolio to PE Firm

    by | Apr 14, 2026 2:49 pm | Acquisitions

    A Northeast-based private equity firm engaged Daniel Morris of Plains Commercial Real Estate in its plan to enter a new state. The firm has an existing skilled nursing footprint, and had specific acquisition criteria, which narrowed the focus down to a few potential targets.  The company ultimately acquired a five-facility, 506-bed skilled... Read More »

  • CIBC Springs Ahead with Deal Flow

    by | Apr 14, 2026 2:48 pm | Acquisitions, Financings

    CIBC has been hard at work this Spring, successfully closing several acquisition financings for senior care clients across the country. The largest was a $51.5 million term loan that supported the purchase of four skilled nursing facilities in Illinois totaling 586 beds. Historical performance trended positively over the last two years across the... Read More »

  • National Healthcare Properties Kicks Off IPO Push

    by | Apr 14, 2026 2:41 pm | Uncategorized

    National Healthcare Properties, Inc. launched its public offering of 38.5 million shares of its Class A common stock pursuant to a registration statement on Form S-11 filed with the SEC. The initial public offering price is expected to be between $13.00 and $16.00 per share, and the company expects to grant the underwriters a 30-day option to... Read More »
HJ Sims Arranges Refinancing for North Carolina CCRC

HJ Sims Arranges Refinancing for North Carolina CCRC

by | Aug 13, 2021 3:47 pm | Financings

HJ Sims returned to a CCRC in Charlotte, North Carolina to arrange a refinancing solution for the campus. The transaction comes nearly two years after HJ Sims closed $12.95 million in tax-exempt Revenue Anticipation Bonds to cover pre-development and development costs for an expansion project. A year later, HJ Sims identified a refunding opportunity for the sponsor’s outstanding Series 2013 bonds. They utilized Cinderella Bonds, which would be taxable until the optional redemption date, after which the bonds would convert to tax-exempt.  Sims served as a placement agent and worked with the sponsor’s financial advisor, Pearl Creek Advisors, to conduct a bank solicitation to also refinance... Read More »
HJ Sims Refinances Two Pennsylvania Seniors Housing Communities

HJ Sims Refinances Two Pennsylvania Seniors Housing Communities

by | Aug 10, 2021 2:31 pm | Financings

HJ Sims closed a two-part refinance for Asbury Communities Inc.’s two seniors housing properties in Pennsylvania. The Erie location, Bethany Village, has two campuses with 400 independent living units, 100 assisted living units and a 69-bed skilled nursing center. The Mechanicsburg property, Springhill, features 158 independent living units, 35 personal care units and an 80-bed SNF. The loans refinance bonds from 2012 and include a $20.4 million bank loan and tax-exempt, fixed-rate bonds totaling $27.2 million. Altogether, that is $47.6 million of debt arranged for Asbury. That follows a $23.34 million financing package that HJ Sims closed for a small CCRC in New Orleans, Louisiana.... Read More »
Live Oak Bank and HJ Sims Team Up

Live Oak Bank and HJ Sims Team Up

by | Jul 27, 2021 4:02 pm | Financings

Sometimes to get a deal done you have to get creative and be flexible. It appears that was the case for a recent sale of a 55-unit assisted living and memory care community located in Utah. Of the total, 42 units are assisted living and 13 are memory care. Even though capital sources have opened up, to get maximum leverage, if that is what you want or need, your lending groups can get flexible.  Live Oak Bank and HJ Sims teamed up to provide the financing solution for the buyer of this community, a regional owner/operator with 15+ years of experience that currently manages more than 1,600 units in more than 25 communities across five states in the Mountain West... Read More »
HJ Sims Secures HUD Loan For Brooklyn Apartment Community

HJ Sims Secures HUD Loan For Brooklyn Apartment Community

by | Jul 23, 2021 2:53 pm | Financings

Sims Mortgage Funding, a subsidiary of HJ Sims, secured a $7.035 million HUD loan for Marien-Heim of Sunset Park, a 169-unit Section 8 senior apartment community in Brooklyn, New York. It is owned by a local, not-for-profit community development organization. That owner had previously obtained an $8.313 million HUD loan in 2012 that refinanced its Section 202 Direct Loan, funded capital reserves and repairs, generated annual debt service savings and earned them a development fee.   But the current low interest rate environment prompted another refinance on Sims’ recommendation. HUD approved the interest rate reduction proposal in about 75 days, and the loan closed 29... Read More »
HJ Sims Refinances Louisiana Senior Housing Community

HJ Sims Refinances Louisiana Senior Housing Community

by | Jun 25, 2021 10:16 am | Financings

After already closing over $530 million of HUD loans in Louisiana, Sims Mortgage Funding is returning to the state to refinance Metairie Manor, nearly a decade after previously refinancing the property. Metairie Manor is a 287-unit, Section 8 funded, affordable senior housing community, owned and managed by affiliates of the Archdiocese of New Orleans. This represents the 11th refinancing Sims has closed for the Archdiocese and its management affiliate, Christopher Homes, Inc.  Sims previously helped refinance Metairie in 2012 when it paid off its HUD Section 202 Direct Loan. That refinancing produced about $250,000 in annual debt service savings that have been used to fund various... Read More »