HUD HEARTS BTR!
HUD’s newly issued Mortgagee Letter 2016-12 extends FHA-insured financing to Build-to-Rent (BTR) communities, creating an exciting new opportunity to develop, acquire, and refinance rental properties
We make it happen
When you partner with Sims Mortgage Funding, you get proven HUD expertise, combined with technical proficiency and personalized service. We deliver client-centric financing solutions that meet your specific needs in a timely manner.
Our focus markets
MULTI-FAMILY HOUSING
Whether your project qualifies for Multifamily Accelerated Processing (MAP) or requires a non-HUD financing solution, Sims Mortgage Funding can help you to quickly access affordable capital at very attractive terms.
HEALTHCARE
Need capital for a skilled nursing, assisted living, or memory care facility? Sims Mortgage Funding will help you find the financing that makes sense for your project including bridge-to-HUD options.
HOSPITALS
We can find financing for your hospital facility no matter if it’s a large teaching institution to a small rural critical access hospital. Whether you are renovating, expanding, modernizing, refinancing or acquiring, we have the right program for you.
RECENT FINANCING SOLUTIONS
WINWOOD APARTMENTS
Chicago, IL
RiverPointe Post-Acute
Carmichael, CA
Grace Manor at North Park
Allison Park, PA
PARKVIEW COMMUNITY HOSPITAL MEDICAL CENTER
Riverside, CA
ELAN AT TERRA BELLA
Covington, LA
THE MONROE
Lafayette, LA
SIMS MORTGAGE FUNDING NEWS
WINDFALL IN THE WINDY CITY FOR WINWOOD APARTMENTS
PARTNERED RIGHT ® Sims Mortgage Funding closed last month a modest but munificent HUD-insured loan for the Winwood Apartments, a 31-unit affordable elderly housing project
HUD’S HOLE IN ONE RECAPITALIZATION OPTION
Conventional wisdom is that it is difficult, if not almost impossible, to finance, with a single loan, the preservation of older, affordable housing communities in
SIMS MORTGAGE FUNDING 2025 IN REVIEW TRAFFIC NOW FLOWING ON THE BRIDGE TO HUD
Last year was a good one. Here are two bridge-to-HUD deals we would like to highlight. Grace Manor at North Park RiverPointe Post-Acute Our business