Berkadia Originates $68.8 Million in Financing on Senior Housing Portfolio in Southeast Region

 

Marcus Lyons

CHATTANOOGA, TN — Berkadia recently originated $68,800,000 in financing for a portfolio of eight senior housing communities with a total of 474 units in three states across the southeast.  

The senior housing communities included are located in Lexington and Frankfort, Ky., Knoxville, Tenn. and Johnson, Ind.   

Marcus Lyons, Director, Chris Fenton and David Oakley, Managing Directors, of Berkadia, LLC represented the transaction through Freddie Mac.

The owner plans to use the funds to kick start future development across the Southeast.

For a complete copy of the company’s news release, please contact:

Beth Payan, Larry Vershel Communications Inc. 407-644-4142 Lvershelco@aol.com or larry@larryvershel.com