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From the Newsroom
August 12, 2021
Berkadia Seniors Housing & Healthcare Secures $16.58 Million in Financing for Skilled Nursing Facility in Hawaii
Kailua-Kona, HI – August 11, 2021 – Berkadia Seniors Housing & Healthcare announced today the $16.58 million in refinancing for 123-unit assisted living community in Kailua-Kona, Hawaii. Managing Director Jay Healy of Berkadia Seniors Housing & Healthcare secured the loan on behalf of the sponsor. The 35-year loan was secured through HUD’s 232/223(f) Program. The HUD financing retired a $11.7…
August 11, 2021
Berkadia Completes Sale and Secures $43 Million in Financing for Multifamily Property in Austin, Texas
AUSTIN, Texas – August 12, 2021 – Berkadia announced today the sale of and financing secured for Falconhead Apartments, a 248-unit garden-style multifamily property located in Austin, Texas. Managing Director Kelly Witherspoon, Directors Justin Cole and Michael Gonzalez and Associate Director Adam Sumrall of Berkadia Austin, Texas completed the sale on behalf of the seller, Texas-based SWBC Real Estate, and…
August 11, 2021
Berkadia Completes Sale of Multifamily Property in Phoenix
PHOENIX – August 12, 2021 – Berkadia announced today the sale of Brookside, a 204-unit garden-style multifamily property in Phoenix, Arizona. Senior Managing Directors Ric Holway and Mark Forrester and Senior Director Dan Cheyne of Berkadia Phoenix completed the sale on behalf of the seller. The buyer was Arizona-based Rise48 Equity, LLC., and the deal closed on July 30. “Brookside Apartments presented a strong value-add opportunity within the expanding West…