Paoli, Pennsylvania – July 13, 2026 – Berkadia, a distinguished leader in the commercial real estate sector, announced today the sale and acquisition financing of Daylesford Crossing, a 78-unit assisted living and memory care community in Paoli, one of the most desirable and affluent suburbs of Philadelphia. Opened in 2015, Daylesford Crossing is among the submarket’s most modern communities.
Senior Managing Directors Dave Fasano, Ross Sanders, Cody Tremper, and Mike Garbers of Berkadia Seniors Housing & Healthcare closed the sale transaction on behalf of AEW Capital Management, a Boston-based real estate investment firm.
Managing Director Jay Healy and Director Andrew Lanzaro of Berkadia Seniors Housing & Healthcare originated a $18 million bridge loan on Berkadia’s balance sheet.
Daylesford Crossing is located approximately 25 miles west of downtown Philadelphia. The community offers a media room, wellness room, library, salon, and therapy services, along with an onsite health center featuring a laboratory and imaging services. The property is situated along Lancaster Avenue, a well-traveled local corridor offering easy access to the local area’s amenities and services.
The buyer is a joint venture between an experienced Atlanta-based general partner and an institutional limited partner. A third-party manager with scale in the market, was engaged to oversee day-to-day operations. This marks the second acquisition completed by the three parties together in recent months.
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 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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© 2026 Berkadia Proprietary Holding LLC. Berkadia® is a registered trademark of Berkadia Proprietary Holding LLC.
Commercial mortgage loan banking and servicing businesses are conducted exclusively by Berkadia Commercial Mortgage LLC and Berkadia Commercial Mortgage Inc.
In Pennsylvania Berkadia Real Estate Advisors LLC conducts business under Richard Brace’s Pennsylvania Real Estate Broker Lic. # RB067846. Mike Garbers holds Florida license #BK3300367, Cody Tremper holds Texas license #622302, Dave Fasano holds Texas license #737206, and Ross Sanders holds Missouri license #2007038807.
Investment sales / real estate brokerage business is conducted exclusively by Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc.
In California, Berkadia Commercial Mortgage LLC makes or arranges loans pursuant to a California Financing Law license. Berkadia Commercial Mortgage Inc. under CA Real Estate Broker Lic. #01874116, and Berkadia Real Estate Advisors Inc. under CA Real Estate Broker Lic. #01931050. This advertisement is not intended to solicit commercial mortgage company business in Nevada.
Tax credit syndication business is conducted exclusively by Berkadia Affordable Tax Credit Solutions.
For state licensing details for the above entities, visit: http://www.berkadia.com/licensing.
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