Berkadia Secures More Than $2B in Financing So Far in 2024
NEW YORK, New York – September 11, 2024 – Berkadia Seniors Housing & Healthcare announced today it has surpassed $2 billion in financing in 2024 thus far, continuing the strong momentum gained in the team’s first half of the year.
“We believe the seniors housing sector will be one of the best-performing asset types in the coming years. Berkadia’s team is built to help our clients take advantage of the coming growth in the sector.” said Steve Ervin, Senior Vice President and Head of FHA Financing.
This year, the Seniors Housing & Healthcare sector has been marked by a record number of announced transactions, with the potential to surpass the all-time high set in 2022.
“Our team’s success is the result of our 30+ dedicated seniors housing experts and the valued clients that trust us as partners in their investments,” remarked Ervin.
Berkadia Seniors Housing & Healthcare leads the industry in innovative and comprehensive solutions for even the most complex independent living, assisted living, memory care and skilled nursing projects across the country. In addition to deep market knowledge, the group offers a full set of advisory, underwriting, loan origination services and products including FHA, Fannie Mae, Freddie Mac, Life Company, Proprietary Bridge Lending, and Capital Markets Advisory Services.
Berkadia surpasses $2 billion in financing for year so far | McKnight’s Senior Living