September 29, 2015
SMF Closes a $5,089,900 Loan That Preserves Affordable, Elderly Housing in Pennsylvania
Sims Mortgage Funding, Inc. (SMF) closed in August a $5,089,900 HUD-insured loan for St. Matthew Manor, a 58-unit, Section 202 elderly housing property located in West Philadelphia, PA. The Challenge St. Matthew Manor is sponsored […]
December 9, 2014
SMF Closes a $3,240,000 Loan That Preserves Affordable, Elderly Housing in Pennsylvania
Sims Mortgage Funding, Inc. (SMF) closed in November a $3,240,000 HUD-insured recapitalization loan for McDade – Chichilla Apartments, a 90-unit, age-restricted rental property located in Olyphant, PA. It has a Section 8 Housing Assistance Rental […]
October 27, 2014
SMF Closes a $1,800,000 Loan That Preserves Affordable, Elderly Housing in Michigan
Sims Mortgage Funding, Inc. (SMF) closed in September a $1,800,000 HUD-insured Section 223(f) loan for the AuSable Valley Apartments, a Section 202 elderly project located in Fairview, MI. AuSable is owned and managed by Wellspring […]
January 29, 2014
SMF Starts 2014 With Arkansas Apartment Financing Below 4%
Sims Mortgage Funding quickly got off to a good started for 2014 when it closed in January a $13,360,000 FHA-insured loan for The Grove at Pleasant Valley, a market-rate multifamily apartment community located in Little […]
October 15, 2012
Making It Happen in Workforce Housing
Sims Mortgage Funding closed a $15,560,000 FHA-insured loan in 120 days to facilitate new construction of multifamily rental housing as part of a master planned community in Shreveport, Louisiana.