Berkadia Secures $92.71M Financing For Nine Senior Housing Communities Across Four States

This transaction involves a loan secured for a portfolio of nine senior housing communities located in Montana, Oregon, Arizona, and Florida, totaling a loan amount of $92,710,000. The assets comprise a combination of assisted living, independent living, memory care, and skilled nursing facilities. The deals include specific loans such as a $12.6 million loan for a 78-unit assisted living facility in Great Falls, Montana, and various HUD loans for communities across the four states.

Summary of transaction details:

• Property Type: Senior Housing
• Transaction Amount: $92,710,000
• Loan for 78-unit assisted living facility in Great Falls, Montana: $12.6 million
• HUD loan for 119-unit community in Oregon: $16.4 million
• HUD loan for three communities in Arizona: $10.64 million
• HUD loans for three skilled nursing facilities in South Florida: $37.8 million
• HUD loan for 180-bed nursing home in South Florida: $15.27 million

Ed Williams and Steven Muth from Berkadia represented the financing in this transaction, working to effectuate the deals since April. Their efforts resulted in significant funding across multiple states, catering to various needs within the senior housing market.