Charleston, South Carolina – January 21, 2025 – Berkadia, a leader in the commercial real estate industry, announced today that Managing Director Jay Healy and Director Andrew Lanzaro closed a $9.1 million bridge-to-HUD loan on behalf of PruittHealth to facilitate the acquisition of a 66-bed skilled nursing facility located in Warner Robins, Georgia. The building was constructed in 1966 and renovated in 2019 and occupancy at the time of closing was 90%. The deal closed on December 31, 2024.
The 18-month, interest-only bridge loan represented 76.5% of the value and is prepayable at any time. Berkadia anticipates closing the HUD refinance in the third quarter of this year.
Berkadia Seniors Housing & Healthcare leads the industry in innovative and comprehensive solutions for even the most complex active adult, independent living, assisted living, memory care and skilled nursing projects across the country. In addition to deep market knowledge, the group offers a full set of investment sales, advisory, underwriting, loan origination services and products including FHA, Fannie Mae, Freddie Mac, Life Company, Proprietary Bridge Lending and Capital Markets Advisory Services.
About Berkadia®:
Berkadia, a joint venture of Berkshire Hathaway and Jefferies Financial Group, is a leader in the commercial real estate industry, offering a robust suite of services to our multifamily and commercial property clients. Through our integrated mortgage banking, investment sales and servicing platform, Berkadia delivers comprehensive real estate solutions for the entire life cycle of our clients’ assets.
To learn more about Berkadia, please visit www.berkadia.com.
About PruittHealth:
Founded in 1969, PruittHealth provides an expansive network of post-acute health care and senior services, offering skilled nursing and senior living services, home health care, hospice and palliative care, veteran care, therapy, pharmacy and infusion services, and more. Based in Georgia, the organization’s 15,000 employee partners serve approximately 26,000 patients daily in more than 180 locations in Florida, Georgia,
Maryland, North Carolina, South Carolina, and Tennessee. For more information about our commitment to caring, visit PruittHealth.com.
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Commercial mortgage loan banking and servicing businesses are conducted exclusively by Berkadia Commercial Mortgage LLC and Berkadia Commercial Mortgage Inc.
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In California, Berkadia Commercial Mortgage LLC conducts business under CA Finance Lender & Broker Lic. #988-0701, Berkadia Commercial Mortgage Inc.under CA Real Estate Broker Lic. #01874116, and Berkadia Real Estate Advisors Inc. under CA Real Estate Broker Lic. # 01931050.
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