News Release: Berkadia Announces Sale of Five-Property Seniors Housing Portfolio

Detroit, Michigan – April 3, 2025 – Berkadia, a distinguished leader in the commercial real estate sector, announced today the sale of a portfolio of five independent living communities located throughout the Detroit metropolitan area. Berkadia Seniors Housing & Healthcare, led by Senior Director Brooks Minford, closed the 631-unit transaction on behalf of a local developer, owner, and operator.

The five properties were purchased by a Midwest-based owner and operator of seniors housing communities seeking to expand their footprint in Michigan.

Berkadia Seniors Housing & Healthcare leads the industry in innovative and comprehensive solutions for 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.

 

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© 2025 Berkadia Proprietary Holding LLC

Berkadia® is a registered trademark of Berkadia Proprietary Holding LLC

 

Investment sales and real estate brokerage businesses are conducted exclusively by Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc.

 

In Michigan Berkadia Real Estate Advisors LLC conducts business under Rick Brace’s Michigan Real Estate Broker Lic. #6505376354. Brooks Minford holds Florida license #SL3277

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