Berkadia Announces Sale and Financing of Senior Living Community in the Dallas MSA
Richardson, Texas – October 14, 2025 – Berkadia, a distinguished leader in the commercial real estate sector, announced today the sale and financing of Appletree Court, a 118-unit assisted living and memory care community in Richardson, Texas, approximately 15 miles north of downtown Dallas.
Managing Directors Ross Sanders, Dave Fasano, Cody Tremper, and Mike Garbers of Berkadia Seniors Housing & Healthcare closed the sale transaction on behalf of the seller, a joint venture between Marquee Capital, a Milwaukee-based family office, and Winterpast Capital Partners, a Nashville-based real estate investment company. The community will continue to be operated by Vitality Senior Living, Winterpast’s operating partner.
Managing Directors Austin Sacco and Steve Muth, Senior Director Garrett Sacco, and Assistant Vice President Alec Rosenfeld of Berkadia Seniors Housing & Healthcare secured acquisition financing through Freddie Mac on behalf of the buyer, a joint venture between Virtus Real Estate Capital and Winterpast. The seven-year floating rate loan featured an attractive interest rate.
Located in the rapidly expanding northern suburbs of Dallas, Appletree Court occupies an irreplaceable location. The community benefits from a highly affluent resident base and underwent extensive renovations in 2023 to cater to this burgeoning high-end demand.
Berkadia Seniors Housing & Healthcare leads the industry in innovative and comprehensive solutions for active adult, 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.
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