We are pleased to announce that Chad J. Himel has joined Sims Mortgage Funding as a Senior Vice President. He will be involved in the origination, underwriting and processing of FHA-insured loans primarily for healthcare and senior housing transactions.

Mr. Himel was a Senior Vice President at Herbert J. Sims & Co., Inc. where he was involved in the issuance of over $2.2 billion in financings for both non-profit and for-profit senior living providers. Mr. Himel completed financings that included senior and subordinate bonds, construction loans, bond insurance, letters of credit, forward interest rate swaps, bridge loans, seed capital and mezzanine loans. He specialized in complex financing structures and led engagements related to capital restructurings on behalf of banking clients, institutional bondholders and letter of credit banks.

Prior to his tenure at Herbert J. Sims, Mr. Himel worked for Greenwich Partners, a Greenwich, CT based brokerage firm which focused on the underwriting and trading of non-rated bonds. Mr. Himel earned his Bachelor of Arts degree in History from Louisiana State University in Baton Rouge, LA and his Masters of Business Administration with a concentration in Finance from the Crummer Graduate School of Business at Rollins College in Winter Park, FL.