Seniors housing property owners need to prepare by finding ways to grow EBITDA
Industry Voices
BOK Financial hits $1 billion in seniors housing loans by focusing on experienced operators, new construction
by Jeff Shaw
By Jeff Shaw BOK Financial Corp. likes to keep its business local. The Tulsa, Okla.-based lender doesn’t often use its corporate name to market the company, preferring instead to use smaller subsidiaries to drive business at a local, state or regional level. Brad Vincent, the company’s executive vice president and director of healthcare banking, says that this is how banking should be done.
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.