HJ Sims closes $5.4 million loan in Arkansas

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HJ Sims has announced the closing of a $5.4 million loan for Arkansas-based Fox Ridge Management for three senior living communities in the Little Rock area.

The loan is in conjunction with a $37.5 million in long-term fixed rate HUD-insured financing. The communities are Fox Ridge's Chenal, Bryant and North Little Rock communities, which together include 261 assisted living, 24 memory care and eight independent living units.

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