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HUD Hearts Affordable Housing!

If you ask five mortgage (or investment) bankers to define an affordable housing project, you’ll likely get ten different answers! It seems like just about every multifamily capital source, from state housing authorities to tax-credit […]
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How Did HUD Do Last Year? Very Well, Thank You!

In last month’s edition, we asserted that one year and change after the 2016 election, under the new administration HUD’s multifamily and healthcare mortgage insurance platforms continued to function effectively. This month, we provide some […]
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Where Did the Time Go? A Quick Look Back on 2017, and a Peek at 2018

Sims Mortgage Funding (SMF) had a very good 2017 – here are some of our highlights: We closed loans for market-rate multifamily housing, affordable housing preservation, skilled nursing, and hospital projects in New Jersey, New […]
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Tax Reform – A/K/A The “Maybe We Should Take a Closer Look at HUD” Bill

Recent legislative events in Washington DC relating to tax reform have made the upcoming holiday season a very challenging time for the capital markets. Whether these events will result in a “stocking stuffer” or the […]
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A Bronx Tale: SMF Recapitalizes Affordable Housing Property A Second Time

“Sims’ knowledge and expertise in navigating with the HUD process, as well as, other governmental agencies and financial institutions has helped a great deal in reaching our designated goals for Notre Dame Apartments. We are […]
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Sims Mortgage Funding (SMF) Helps Pennsylvania Nursing Home SMF Cut Cost Of Capital Almost In Half

“We are pleased with the outcome of the HUD financing arranged by Sims Mortgage Funding. As a result of their efforts, our cost of capital was reduced almost in half, and we expect to save […]
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Sims Mortgage Funding (SMF) Helps California Hospital Expand

“Sims Mortgage Funding has been a trusted partner of Parkview Community Hospital since 2011, when they helped us refinance our short-term, high interest rate debt with a HUD-insured loan. They recently guided us through another […]
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SMF and HUD Multifamily Loan Activity Solid in Fiscal Year 2017

As summer draws to a close, so does the end of the year. The HUD Fiscal Year (FY), that is, which ends on September 30. Based on data through the beginning of May, it looks […]
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