Finance

SAUK RAPIDS, Minn. — Sims Mortgage Funding (SMF), a subsidiary of HJ Sims, has provided a $2.4 million recapitalization for Good Shepherd Apartments, an elderly housing community located in Sauk Rapids, approximately 70 miles northwest of Minneapolis.

WEST ORANGE TOWNSHIP, N.J. — Love Funding has closed a $4.5 million refinancing for John P. Renna House, an age-restricted, affordable apartment community in the New York City suburb of West Orange Township.

HOUSTON — Capital Funding Group, a Baltimore-based lender, has closed HUD refinancing loans for an assisted living community in North Carolina and a skilled nursing facility in Houston.

NEW HARTFORD, N.Y. — HJ Sims, a Connecticut-based investment bank, has arranged an $8.5 million refinancing for Presbyterian Homes & Services. The loan restructures debt on Preswick Glen, a seniors housing community in the Utica suburb of New Hartford.

FROSTBURG, Md. — Sims Mortgage Funding (SMF), a subsidiary of investment bank HJ Sims, has arranged a $3.4 million HUD recapitalization loan for Diakon Lutheran Social Ministries (DLSM).