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7651 Clayton Road

Berkadia Secures $82.4M Refinance Loan For Seniors Housing In Clayton
FINANCEDSenior Housing

Berkadia Secures $82.4M Refinance Loan For Seniors Housing In Clayton

7651 Clayton Road

$82,400,000

Building Size

Asset Type

Senior Housing

Closing

May 8, 2024

AI

Clarendale Clayton, a seniors housing community located at 7651 Clayton Road in Clayton, MO, was recently refinanced with a loan amount of $82,400,000. This property, offering comprehensive care in a resort-style setting, is managed by landlords Harrison Street, Ryan Cos. US Inc & Life Care Services.

Summary of transaction details:

  • Property Type: Senior Housing
  • Transaction Amount: $82,400,000
  • Market: Clayton, MO
  • Landlord: Harrison Street, Ryan Cos. US Inc & Life Care Services
  • Broker: Austin Sacco - Berkadia
  • Loan Type: Refinance

Berkadia played a key role in securing the $82.4 million loan to refinance Clarendale Clayton, ensuring a successful transaction for all parties involved in the deal.

Players

Austin Sacco

Berkadia

Broker

$454.5M

vol

9 deals

Broker

Saint Louis Senior Housing Market Snapshot

Boundary boundary · Senior Housing · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.19%

Cash-on-Cash

-0.06%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93