An East Coast investment bank is delivering a big boost to one continuing care retirement community renovating and reconfiguring its campus.

HJ Sims recently announced that it successfully helped facilitate $52.1 million in financing for the Brookhaven at Lexington, MA, community. After a recent master planning process, the provider intends to use those dollars to undertake “significant renovations and reconfigurations” to its 32-acre site. Those will include adding 30 new assisted care units and 49 two-bedroom apartments, and reducing the skilled nursing beds count to 12, according to a local report.

The debt consists of some $36 million in short-term, taxable construction loans, to be repaid within two years, following the opening of new independent living apartments in 2020. Plus, a $16.1 million taxable term loan, which matures in 2030.