Berkadia Arranges $329.7M in Financing for 12-Property Portfolio

by Jeff Shaw

NEW YORK CITY — Berkadia Seniors Housing & Healthcare has worked with Poppy Bank to close loans for 12 different seniors housing properties totaling over $329.7 million of bridge debt.

Chris Cain of Berkadia Seniors Housing & Healthcare, alongside Steve Ervin, secured the financing.

The 12 properties total 1,597 units. Further details were not disclosed.

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