FHA-Insured Financing for Healthcare and Housing


We Make It Happen

SEE OUR RECENT TRANSACTIONS
Here are some of our recently completed FHA transactions. Click to see the full list of completed healthcare and senior housing transactions.


Country Club Pointe

Lake Charles, LA

Country Club Pointe

$21,966,700
HUD 223(a)(7)
June 30, 2014

Scottish Rite House

Philadelphia, PA

Scottish Rite House

$9,586,700
HUD 223(f)/202
November 21, 2014

Summit Commons

Providence, RI

Summit Commons

Athena Health Care Systems
$11.828,000
HUD 232/223(f)
October 31, 2014

McDade Chichilla Apartments

Olyphant, PA

McDade Chichilla Apartments

$3,240,000
HUD 223(f)
November 7, 2014

Waterview Villa

East Providence, RI

Waterview Villa

$11,008,000
HUD 232/223(f)
October 31, 2014

Au Sable Valley Apartments

Fairview, MI

Au Sable Valley Apartments

$1,800,000
HUD 223(f)/202
September 17, 2014
Condominium complex in the tropics with swimming pool, palmj trees and lush tropical foliate.

WE MAKE IT HAPPEN FOR THE BELLE SAVANNE APARTMENT HOMES

By helping the Belle Savanne Apartment Homes in Lake Charles, LA to finance the construction of multifamily rental housing that will be oriented towards a growing workforce in the construction, petrochemical, transportation and energy sectors, Sims Mortgage Funding was able to help the facility:

  • Obtain a loan of $19,642,6000
  • Underwrite the loan at 83.3% of the estimated replacement cost
  • Navigate a complex Development Agreement preventing several months delay and interest rate risk
READ MORE

See more housing success stories.

HOW WE MAKE IT HAPPEN


BEST OF BOTH WORLDS


We are champions of the benefits and opportunities that HUD/FHA programs offer our clients. Yet we realize that this approach does not meet every project’s needs. Through our affiliation with HJ Sims, we are able to deliver a complete range of financing solutions – both taxable and tax-exempt.

PROVEN HUD/FHA Experts


With more than 30 years of hands-on experience working with HUD, we understand every aspect of FHA-insured financing. This ensures a nimble, efficient process where promises are kept, expectations are managed, decisions are optimized, and even the most complicated deals are done right and on time.

INDUSTRY THOUGHT LEADERS


We are known and respected by our peers in the industry. We serve on committees that establish HUD policies and have access to senior HUD people. We talk to them about policy one day; then about projects the next. And our clients reap the benefits.

CLIENT-FOCUSED ORGANIZATION


We’ve developed a tried-and-true process that works, so we know how to work through the inevitable issues and hiccups and get the best deal for our clients. And because we understand the best deal is one that gets closed quickly, we don’t promise things that can’t be delivered.