Austin, Texas – December 23, 2025 – Berkadia, a distinguished leader in the commercial real estate sector, announced today the refinancing of two assisted living and memory care facilities in Texas.
Senior Director Garrett Sacco, Managing Directors Austin Sacco and Steve Muth, and AVP Alec Rosenfeld of Berkadia Seniors Housing & Healthcare secured Freddie Mac financing on behalf of the sponsor, Austin-based Journeyman Group. The deal closed on December 15.
The seven-year, floating-rate loans feature attractive interest rates and interest-only payments.
Berkadia Seniors Housing & Healthcare leads the industry in innovative and comprehensive solutions for even the most complex active adult, independent living, assisted living, memory care and skilled nursing projects across the country. With deep market knowledge, Berkadia Seniors Housing & Healthcare offers a full set of capital markets advisory, underwriting, loan origination services and products including FHA/HUD, Fannie Mae, Freddie Mac, Life Company, and Proprietary Bridge Lending.