Financing for SNFs announced

HJ Sims has announced $27 million in financing for Next Healthcare Capital, which specializes in the acquisition and leasing of high-quality skilled nursing facilities.

The finance firm has previously arranged subordinate financing to Next in 2013, 2017 and 2018, it said. Next recently approached Sims to provide mezzanine financing to fund the acquisition of a portfolio of 15 skilled nursing facilities.

“We immensely enjoyed partnering again with the Sims’ team; they are professionals who executed an innovative and flexible financing solution that met our capital needs,” said Michael Zamir, managing principal and co-founder of Next.