Berkadia Completes Senior Living Sale in Kansas City MSA
Kansas City, Kansas – August 25, 2025 – Berkadia, a distinguished leader in the commercial real estate sector, announced today the sale of the Welstone at Mission Crossing, a 101-unit independent living community in Mission, Kansas. Managing Directors Ross Sanders, Dave Fasano, Cody Tremper, and Mike Garbers of Berkadia Seniors Housing & Healthcare closed the sale transaction on behalf of an undisclosed seller.
The community was purchased by an affiliate of Livingston Street Capital, LLC, a Pennsylvania-based private equity firm with a national portfolio of active adult, independent living, and multifamily properties. Discovery Senior Living will stay on as the property’s operator.
Located less than 10 miles southeast of Downtown Kansas City, the Welstone at Mission Crossing is well-located with easy access to local retail, amenities, and healthcare. The community opened in 2016 and offers a library and media center, private dining room, beauty salon, and movie theater.
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.
Berkadia Reports Recent Deal Activity | The Senior Care Investor
Actions & Transactions, Sept. 2 | McKnight’s Senior Living
Berkadia closes sale of 101-unit independent-living community in Mission | REjournals