| Frequently Asked Questions |
Sims' experts answer some of the most common questions about this exciting investment arena.
Can anyone invest in Sims' Private Placements? SEC regulation requires that Private Placements only be offered to "accredited investors". What do Sims' Private Placements offer our investors? The opportunity for more attractive returns than traditional investments. Many Private Placements are in areas of the senior living industry that would not otherwise be available to investors. You can invest directly at the project level. What is the purpose of Sims' Private Placement offerings? Acquisition; expansion; refinancing or existing senior living facilities; construction of new properties; subordinate loans; preferred and joint-venture equity; sale/leaseback options;taxable and tax-exempt debt, such as bond anticipation notes and subordinate taxable debt; and seed capital. What type of Private Placements are typically offered?
The most common offerings include taxable revenue bonds, equity units, MatchCap Are these investments secured? Each individual investment is unique. Many times, security can take the form of a subordinate mortgage, a pledge of membership interest, and/or guarantees of borrowers. How am I kept informed of the status of my investment? Sims routinely sends out updates on all outstanding projects. And most investments are displayed on your monthly brokerage statement. How do I find out about these opportunities? Simply ask your fixed income specialist to advise you about Private Placements when they become available. |