Berkadia Provides $20.6M HUD Financing for Two Communities

FLATHEAD COUNTY, Mont., and DALLAS — Berkadia Seniors Housing & Healthcare has provided $20.6 million in HUD financing across two transactions. The first transaction was an $11.2 million HUD loan for an affordable assisted living community in Dallas. Jay Healy…

HJ Sims Arranges $78M in Financing for Landis Communities

LITITZ, Pa. — HJ Sims has arranged $25 million in financing for Landis Place on King (LPK) and $53 million for Landis Homes Retirement Community (LHRC), which operates a continuing care retirement community in Lititz, approximately midway between Philadelphia and…

Bellwether Enterprise Hires Seniors Housing Veteran Kim Huffstutler

NEW YORK CITY — Bellwether Enterprise Real Estate Capital LLC, the commercial and multifamily mortgage banking subsidiary of Enterprise Community Investment Inc., has hired Kim Huffstutler as senior vice president of seniors housing and care. Huffstutler will be responsible for…

HJ Sims Arranges $132.4M Financing for Benedictine Health System

MINNEAPOLIS — HJ Sims has arranged $132.4 million in financing for Benedictine Health System, a Minneapolis-based nonprofit healthcare system providing long-term care services, congregate housing, assisted living, rehabilitation, healthcare and social services. Historically, most of Benedictine’s affiliates were financed on…