Berkadia secured financing for Frederick Samuel Apartments, a 664-unit, midrise affordable housing property located in Harlem. Managing directors Heather Olson and Matthew Baptiste secured $71 million in permanent acquisition financing on behalf of New York-based Genesis Companies and Lemor Development. The…
Berkadia has completed the sale of three senior living communities offering assisted living and memory care services in the Chicago and Milwaukee metropolitan areas. Berkadia Seniors Housing & Healthcare, led by Managing Directors Ross Sanders, Dave Fasano, Cody Tremper, and…
City National Bank provided a four-year, floating-rate loan of $46.8 million to fund the construction of The ONE at Millington, a new 360-unit, garden-style multifamily development located in Millington, Tennessee. One Real Estate Investment (OREI) is the sponsor. Berkadia’s Brad Williamson,…
Berkadia and NYU | Stern partnered recently to create a new opportunity for students at top business schools across the U.S. During the inaugural Multifamily Investment Case Competition, held from Nov. 14-16 at New York University Stern School of Business,…
Berkadia closed the sale and financing of Gardens of Annapolis, an active adult community located in the upscale coastal suburb of Annapolis, Maryland. This 106-unit property is in close proximity to downtown Annapolis and the United States Naval Academy. Berkadia…
Berkadia closed the sale of Meadow Brook Senior Living, a 92-unit assisted living and memory care community in Fishers, Indiana. Located 15 miles northeast of Downtown Indianapolis, the property consistently achieved high occupancy, averaging 95% occupancy over the past year….
Berkadia arranged the financing and sale of a senior living community in South Setauket in Long Island’s Suffolk County. Berkadia Seniors Housing & Healthcare provided both investment sales and mortgage banking advisory for a 196-unit independent living and assisted living…
Berkadia announced the refinancing of The Pillars of Prospect Park, a 283-unit seniors housing community in Minneapolis, Minnesota. Managing Directors Austin Sacco and Steve Muth of Berkadia Seniors Housing & Healthcare secured bridge financing through a national bank on behalf…
Berkadia announced today the financing of Modena Reserve at Kensington, a 135-unit, seniors housing community in Kensington, Maryland. Managing Directors Steve Muth and Austin Sacco of Berkadia Seniors Housing & Healthcare secured a $47.4 million loan through a Debt Fund…
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