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 […]
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.
Healthcare Success Stories , News , Success Stories
October 31, 2018
Sims Mortgage Funding (SMF) Closes $22,128,200 Refinance Loan for Memory Care Facility
Artis Senior Living, a developer/owner/operator of assisted living residences, wanted to leverage the considerable equity it had built up in one of its memory care facilities in the Washington, DC metropolitan area.
Housing Success Stories , News , Success Stories
May 31, 2018
Sims Mortgage Funding (SMF) Closes $26,172,500 Loan for New Multifamily Rental Housing
Vintage Realty Company purchased the development rights for Elan at Terra Bella, a proposed 178-unit market-rate project in a Traditional Neighborhood Development (TND) on the North Shore, one of the fastest-growing sections of the New Orleans metropolitan area.