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Success Stories

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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32 Days After Submission To HUD Sims Mortgage Funding (SMF) Refinances 2 Multifamily Rental Properties In Louisiana Totaling $23.4 Million

“When you work with a mortgage banker for 15 years they become as much a part of your team as your architects, engineers and contractors. Sims has consistently delivered positive results and have closed deals […]
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Sims Mortgage Funding (SMF) Closes HUD-Insured Loan To Preserve Affordable Housing In New Jersey

“We really appreciated all of the hard work Sims provided our organization. They helped us navigate through a complicated HUD financing process that resulted in considerable financial benefit to the Sponsor, Borrower and our elderly […]
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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 new décor. Since borrowing funds to upgrade a PRAC is […]
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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 housing portfolio.  Despite numerous obstacles along the way, Sims was […]
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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 Traditional Neighborhood Development (TND) in an up-and-coming area of Lafayette. […]
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