Berkadia Provides $24.75M Loan for Acquisition of Mississippi IL/AL/MC Community
New York, New York – January 12, 2026 – Berkadia, a distinguished leader in the commercial real estate sector, announced that Director Andrew Lanzaro of Berkadia Seniors Housing & Healthcare arranged a $24.75 million bridge loan for the acquisition of a 140-unit independent living, assisted living, and memory care community in Ocean Springs, Mississippi, on behalf of a Memphis-based repeat client.
The loan was sized to 75% of the purchase price and features a 24-month, interest-only term with one 6-month extension option, after which it converts to amortizing payments.
Built in phases from 2019 to 2025, the community’s independent living section was completed most recently and quickly leased to 100% occupancy; overall occupancy at closing was 95%. The seller was exiting its only seniors housing asset, while this purchase represents the buyer’s 10th community in Mississippi and was funded with 1031 exchange equity.
Berkadia intends to refinance the community with a HUD 232/223(f) loan.
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.
Regional Owner/Operator Secures Acquisition Financing | The Senior Care Investor