Sims Mortgage Funding (SMF) Recapitalizes Three Affordable Housing Projects In Minnesota With One HUD-Insured Loan
“We manage two HUD PRAC facilities and one Section 202 project. Our PRACs are 19 and 22 years old and have never been upgraded with
Success Stories
Sims Mortgage Funding (SMF) Closes $3,440,000 Loan For Recapitalization Of Elderly Affordable Housing In Frostburg, MD
“The Sims team provided strong leadership and technical expertise in assisting Diakon with very complex re-financing of Frostburg Heights, an older property in our affordable
Sims Mortgage Funding Closes $20,677,900 Loan For Construction of Multifamily Rental Housing in Lafayette, LA
Partnered Right Vintage Realty Company was looking for financing for the Reserve at Couret Farms, a proposed 175-unit market-rate project to be located in a
Sims Mortgage Funding Closes $19,873,000 For Two Hud-Insured Lean Loans To Recapitalize Skilled Nursing Homes In Rhode Island
Partnered Right Athena Health Care Systems successfully refinanced two skilled nursing homes it acquired with bank debt in 2013 and 2014. Structured Right The two
SMF Closes HUD-Insured Loan to Preserve Affordable Housing in New Jersey
Sims Mortgage Funding (SMF) recently closed an FHA-insured loan for the Shalom House, a 151-unit elderly project located in Ventnor, NJ. The Situation Shalom House
SMF Uses Lean Note Modification to Refinance New York Nursing Facility
Sims Mortgage Funding (SMF) recently served as Financial Advisor in connection with a $13,656,333 FHA-insured loan for the Island Nursing and Rehabilitation Center, a 120-bed
SMF Closes $19,642,600 FHA-insured Loan in Lake Charles, LA.
Sims Mortgage Funding (SMF) recently closed a $19,642,600 FHA-insured loan to finance the construction of multifamily rental housing in metropolitan Lake Charles, LA. The Situation
SMF Closes a $5,089,900 Loan That Preserves Affordable, Elderly Housing in Pennsylvania
Sims Mortgage Funding, Inc. (SMF) closed in August a $5,089,900 HUD-insured loan for St. Matthew Manor, a 58-unit, Section 202 elderly housing property located in
SMF Closes $22.8 Million HUD Lean Portfolio Transaction
Sims Mortgage Funding recently closed $22,836,000 in HUD-insured loans under the Lean program that enabled a major New England health care provider to repay a
SMF Closes a $3,240,000 Loan That Preserves Affordable, Elderly Housing in Pennsylvania
Sims Mortgage Funding, Inc. (SMF) closed in November a $3,240,000 HUD-insured recapitalization loan for McDade – Chichilla Apartments, a 90-unit, age-restricted rental property located in