Finance

WILDWOOD, Fla. — HJ Sims has provided $53 million in financing for the development of Trinity Springs, an assisted living and memory care community in Wildwood, approximately 50 miles northwest of Orlando.

GREENWICH, Conn. — The Richman Group Affordable Housing Corp. has raised $165 million in equity for U.S.A. Institutional Tax Credit Fund CXI L.P. The fund will provide equity financing for the acquisition, rehabilitation and new construction of affordable housing properties for seniors and families.

HOT SPRINGS, Ark. — McGrew Properties has opened 17 of the 25 units at Rose Villa Senior Living, an affordable seniors housing property in Hot Springs.