Developers pursue new plans for university-based communities while drawing on lessons learned from past experiences.
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Berkadia Commercial Mortgage doubles its seniors housing lending volume in just two years
by Jeff Shaw
Berkadia Commercial Mortgage’s seniors housing loan portfolio has expanded dramatically in the last few months. Acquired in 2009 as a 50/50 joint venture between Leucadia National Corp. and Berkshire Hathaway, Berkadia currently services nearly $7 billion in seniors housing assets.
Based on the latest data of U.S. property and portfolio sales in seniors housing, 2015 is shaping up to be another strong year on the transactions front. According to Real Capital Analytics, deal volume year to date through August was up 32 percent compared with the same period in 2014, which also was considered a banner year.
Margaret Wylde, CEO of seniors housing consulting firm ProMatura Group, will be keynote speaker at the InterFace Seniors Housing Southeast conference in Atlanta on Aug. 27. Seniors Housing Business sat down with Wylde to ask some questions about the state of the senior living sector of commercial real estate.