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From the Newsroom
October 13, 2021
Berkadia Seniors Housing & Healthcare Arranges $20.6 Million in Financing for Assisted Living Memory Care Facilities
Phoenix, AZ – October 13, 2021 – Berkadia Seniors Housing & Healthcare announced today the $20.6 million in HUD financing across two transactions. The first transaction was an $11.19 million HUD loan for an Affordable Assisted Living Community secured by Managing Director Jay Healy via the 232/223(f) program for a Texas based non-profit sponsor. The loan, carrying an interest rate…
October 12, 2021
Berkadia Sources Equity Partner for SB Real Estate Partners’ Phoenix Portfolio Expansion
The 128-unit 3434 Apartments community was acquired for $27.5 million PHOENIX (October 13, 2021) – Berkadia announces it has secured the joint venture equity partner to help SB Real Estate Partners (“SBREP”) expand its portfolio in Phoenix, Ariz. Chinmay Bhatt, Noam Franklin and Cody Kirkpatrick of Berkadia JV Equity & Structured Capital arranged joint venture equity as part of a…
October 12, 2021
Berkadia Arranges Acquisition Loan for 148-unit Multifamily Community in San Antonio, Texas.
SAN ANTONIO (October 13, 2021) – Berkadia announces it has secured financing for the acquisition of Castle Hills Townhomes, a 148-unit apartment community in San Antonio, Texas. Senior Managing Director Mitch Sinberg of Berkadia Boca Raton and Managing Director Brad Williamson of Berkadia Miami arranged the financing on behalf of Rincon Real Estate Investments, a private investment firm based in…