Berkadia Closes Sale of Two Senior Living Communities in Colorado and New Mexico
Albuquerque, New Mexico – July 8, 2026 – Berkadia, a distinguished leader in the commercial real estate sector, announced today the sale of MorningStar of Albuquerque, a 69-unit assisted living and memory care community in Albuquerque, New Mexico, and MorningStar of Wheat Ridge, a 64-unit assisted living and memory care community in Denver, Colorado.
Senior Managing Directors Cody Tremper, Mike Garbers, Ross Sanders, and Dave Fasano of Berkadia Seniors Housing & Healthcare closed the sale transaction on behalf of Harbert Management Corporation, a Birmingham-based alternative asset manager.
The communities were purchased by a publicly traded REIT. MorningStar Senior Living will continue to operate the properties on behalf of their new owner.
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.