Healthcare Success Stories , News
October 26, 2021
SMF Uses Note Modification to Reduce California Hospital’s Interest Rate by 60%
Sims Mortgage Funding (SMF) and Parkview Community Hospital made history in 2011 when we closed the first-ever HUD-insured hospital refinancing loan under the Section 242/223(f) program. That loan refinanced Parkview’s high-interest rate and very short-term […]
Housing Success Stories , News
September 21, 2021
Ten Years Later, SMF Tallies A Transactional Triple-Play for Affordable Elderly Housing Communities in Pennsylvania
Triple-plays are a rarity in major league baseball: since 1876, there have only been 723, for an average of about 5 per season.
Housing Success Stories , News
July 21, 2021
SMF Uses Note Modification to Refinance Again an Affordable Elderly Housing Community in Brooklyn
Sims Mortgage Funding (SMF) recently served as Financial Advisor in connection with a $7,035,000 HUD-insured loan that closed in June for Marien-Heim of Sunset Park, a 169-unit, Section 8 elderly housing project sponsored by a […]
Housing Success Stories , News
June 23, 2021
From the Jersey Meadowlands to the Bayou – Sims Mortgage Funding Has It Covered!
Although it is headquartered in New Jersey, Sims Mortgage Funding seems to have a second home in Louisiana – we have closed close to $530 million in HUD-insured loans in the Pelican State.
Housing Success Stories , News
October 27, 2020
Sims Mortgage Funding Closes Small Loan… Big Things Follow for Missouri Affordable Housing Provider
Sims Mortgage Funding is pleased to announce that we closed in late September a $3,237,200 loan for Opportunities Pavilion (OP), an 81 unit affordable, Section 8 elderly property in Kansas City, Missouri.
Healthcare Success Stories , News
November 1, 2019
SMF Refinances Hawaii Skilled Nursing Facility, Interest Rate Reduced By 60%
The Project’s Sponsor owns four affordable housing properties in Pennsylvania and previously had turned to Sims Mortgage Funding to refinance two of them, on a “cash-out” basis.
Housing Success Stories , News
July 10, 2019
SMF Cashes Out for Affordable Housing Project in Pennsylvania
The Project’s Sponsor owns four affordable housing properties in Pennsylvania and previously had turned to Sims Mortgage Funding to refinance two of them, on a “cash-out” basis.
Healthcare Success Stories , News
March 5, 2019
Sims Mortgage Funding Closes Hospital Expansion on New Year’s Eve
Baton Rouge General Medical Center (“BRGMC”) is a not-for-profit community hospital with 591 licensed beds. It wanted to expand its footprint by constructing a neighborhood hospital approximately 7 miles from the main campus.