Case Study

HJ SIMS ASSISTS BARCLAY FRIENDS SECURE A COMBINATION OF REPLACEMENT FACILITY CONSTRUCTION FINANCING AND REFINANCING

HJ SIMS ASSISTS BARCLAY FRIENDS SECURE A COMBINATION OF REPLACEMENT FACILITY CONSTRUCTION FINANCING AND REFINANCING

Pages 3 Pages

CASE STUDY PARTNERED RIGHT ® Barclay Friends is a not-for-profit, Continuing Care Retirement Community/ Life Plan Community, and affiliate of The Kendal Corporation, with a 125-year history of operation. The campus is located on 10 acres in the Borough of West Chester, PA and is comprised of 96 private and semi- private nursing beds located in a one-story skilled nursing building (“Cotter”). Prior to November 2017 and a devastating fire, Barclay Friends also offered 48 units of residential living and personal care in a variety of suites and studios in the two- story Woolman Building. This building also housed the Tapestry Program for residents needing additional memory support along with dining and common areas, and administrative and office space. Following the fire, Barcl

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