HJ Sims Arranges $17.5M Bond Refinancing for CCRC in New Hampshire

LACONIA, N.H. — Connecticut-based investment bank HJ Sims has arranged $17.5 million in bond financing for Taylor Community, a nonprofit continuing care retirement community in Laconia, a resort and retirement destination in New Hampshire’s Lakes Region.

The new bonds will replace and restructure existing debt on the property.

The community’s improved financial performance and higher occupancy created an opportunity for the refinancing. The new bonds feature a fixed 3.75 percent interest rate for a 10-year period.

More News