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From the Newsroom
July 13, 2021
Berkadia Arranges Equity for Acquisition of 320-Unit Apartment Community in Sarasota
The Reserve at Palmer Ranch was part of a larger programmatic recapitalization of eight properties in Strategic Holdings’ portfolio Sarasota, Fla. (July 13, 2021) – Berkadia announces it has secured $11.4 million in preferred equity for the acquisition of The Reserve at Palmer Ranch, a 320-unit apartment community located in Sarasota, Fla. Cody Kirkpatrick, Noam Franklin and Chinmay Bhatt of…
July 12, 2021
Berkadia Seniors Housing & Healthcare Secures $5.56 Million in Financing for Skilled Nursing Facility in Oklahoma
TULSA, OK – July 12, 2021 – Berkadia Seniors Housing & Healthcare announced today the financing of a 54-unit, 111-bed, skilled nursing facility located in Muskogee County, Oklahoma. Managing Director Jay Healy of Berkadia Seniors Housing & Healthcare secured the loan on behalf of the sponsor. The deal closed on June 17. The loan was refinanced through HUD’s 232/223(f) Program.…
July 12, 2021
Berkadia Adds Senior Managing Director to Mortgage Banking Platform in Chevy Chase, Maryland
Chevy Chase, MD – June 12, 2021 – Berkadia announced today the addition of Senior Managing Director Patrick McGlohn to its mortgage banking platform. McGlohn will be based in Berkadia’s Chevy Chase office and report to EVP and Head of Mortgage Banking Hilary Provinse. “Patrick brings a wealth of knowledge and expertise to Berkadia and will hit the ground running…