Minnesota Health and Education Facilities Authority | State of Minnesota Awards Financial Services Contract to Herbert J. Sims & Co Inc (November 2026)
- Disclosed value
- Glenhaven financing estimated at $87,050,000 and not to exceed $102,300,000
- From agendapacket
- Approved
- Nov 7, 2026
- Renews
- Free account
The 30-second brief
The Authority approved the Glenhaven Series Resolution involving Herbert J. Sims & Co., Inc. as underwriter. The proposed financing was estimated at $87.05 million, with bonds supporting acquisition of nine Minnesota assisted living and memory care communities.
Herbert J. Sims & Co Inc holds this financial services contract with Minnesota Health and Education Facilities Authority | State of Minnesota. Its other public contracts on record include work for North Carolina Department of State Treasurer | State of North Carolina and The Odyssey Preparatory Academy Inc..
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Contract details
- Contract type
- Financial Services
- Amount
- Glenhaven financing estimated at $87,050,000 and not to exceed $102,300,000
- Document date
- November 7, 2026
- Term
- Glenhaven Senior Living Revenue Bonds, Series 2026; final maturity estimated January 1, 2056
- Renews
- On record
- Vendor
- Herbert J. Sims & Co Inc
- Source document
- Minnesota Health and Education Facilities Authority AgendaPacket November 10, 2026 (AgendaPacket)
Herbert J. Sims & Co Inc's other public contracts
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Questions about this contract
Who was awarded the financial services contract by Minnesota Health and Education Facilities Authority | State of Minnesota?
Herbert J. Sims & Co Inc was awarded this financial services contract by Minnesota Health and Education Facilities Authority | State of Minnesota, as recorded on November 7, 2026. The contract value is Glenhaven financing estimated at $87,050,000 and not to exceed $102,300,000.
How much is the Herbert J. Sims & Co Inc contract with Minnesota Health and Education Facilities Authority | State of Minnesota worth?
The Herbert J. Sims & Co Inc contract with Minnesota Health and Education Facilities Authority | State of Minnesota is valued at Glenhaven financing estimated at $87,050,000 and not to exceed $102,300,000, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agendapacket record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in Minnesota Health and Education Facilities Authority AgendaPacket November 10, 2026 (AgendaPacket), dated November 7, 2026 from Minnesota Health and Education Facilities Authority | State of Minnesota. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What is Minnesota Health and Education Facilities Authority | State of Minnesota currently buying?
Explore Minnesota Health and Education Facilities Authority | State of Minnesota's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.