New York, NY – July 17, 2024 – Berkadia Seniors Housing & Healthcare announced today it has completed over $1.7 billion in sales and financings across 49 transactions in the first half of the year. The record-breaking volume continues as the group heads into the second half of the year with strong momentum.
New York, NY – July 17, 2024 – Berkadia Seniors Housing & Healthcare announced today it has completed over $1.7 billion in sales and financings across 49 transactions in the first half of the year. The record-breaking volume continues as the group heads into the second half of the year with strong momentum.
Berkadia Seniors Housing & Healthcare has encompassed a diverse range of locations, clients, and seniors housing properties, including active adult, independent living, assisted living, memory care, and skilled nursing communities.
“I want to extend my gratitude to our dedicated team of over 50 seniors housing professionals, our valued clients, lending partners, and third-party supporters,” said SVP – Head of FHA and Seniors Housing Finance, Steve Ervin. “Your unwavering commitment and collaboration have been instrumental in driving our success and supporting our transactions.”
Berkadia Seniors Housing & Healthcare is more committed than ever to assisting their clients by providing real-time data and insights into market trends. They take pride in their collaborative approach, strong relationships, and top-notch resources, all of which enable them to provide their clients with the latest information to enhance their businesses.
“We expect the momentum to continue as we head into the second half of the year as we see strong demand and clients eager to get deals across the finish line,” said Cody Tremper, Managing Director, Investment Sales. “We’ve seen a significant increase in bid volume over the past few months from groups with capital who are interested in investing in the current marketplace.”
Berkadia Seniors Housing & Healthcare leads the industry in innovative and comprehensive solutions for even the most complex 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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