Senior Housing Finance Activity: Berkadia, Beech Street, Cambridge

Berkadia Originates $25.8 Million in Supplemental Loans for Capital Senior Living Berkadia Commercial Mortgage LLC’s Lenox, Mass. office recently closed on $25.8 million of supplemental financing on a portfolio of loans for affiliates of Capital Senior Living Corporation.  Christopher Fenton, a vice president at Berkadia, worked with lenders at Fannie Mae and Freddie Mac to […]

Capital Senior Living Acquires Five Communities for $49.4 Million

Capital Senior Living Corporation (NYSE:CSU) recently completed the acquisition of five senior living communities for a purchase price of $49.4 million. The communities, located in Texas and Indiana, offer levels of care that include independent living, assisted living, and memory care. CSU financed the communities with approximately $37.5 million of 10-year, fixed rate, non-recourse debt […]