Houston, Texas – August XX, 2026 – Berkadia, a distinguished leader in the commercial real estate sector, announced today two separate refinancings for two Class A seniors housing communities—The Residence at Charles Meadow and The Residences at Natick South—located in Boston’s MetroWest region. Each community offers independent living, assisted living, and memory care.
Managing Directors Austin Sacco and Garrett Sacco, and Assistant Vice President – Originations Alec Rosenfeld of Berkadia Seniors Housing & Healthcare, secured bridge financing through a regional bank on behalf of the borrower, Harrison Street Asset Management, a leading global alternative investment management firm. LCB Senior Living will continue serving as operator for both communities.
The three-year loan features a market leading interest rate, among other attractive loan economics.
The Residence at Charles Meadow includes 105 units: 14 independent living, 65 assisted living, and 26 memory care units.
The Residence at Natick South is positioned along the Route 135 corridor. The community includes 86 units: 10 independent living, 52 assisted living, and 24 memory care units.
Both communities draw from an affluent, stable senior demographic characterized by long-tenured homeowners and strong demand from adult children employed at nearby employment centers.
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. With deep market knowledge, Berkadia Seniors Housing & Healthcare offers a full set of capital markets advisory, underwriting, loan origination services and products including FHA/HUD, Fannie Mae, Freddie Mac, Life Company, and Proprietary Bridge Lending.
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 Harrison Street Asset Management:
Harrison Street Asset Management is a leading global alternative investment management firm with $109 billion in assets under management across real estate, infrastructure, and credit strategies. Headquartered in Chicago, Toronto, and London with over 600 employees in offices across North America, Europe, Asia and the Middle East, the firm offers innovative solutions across a variety of closed-end, open-end and specialized vehicles on behalf of over 1,100 institutional investors and over 300 Registered Investment Advisors.1
1HSAM data and descriptions of HSAM’s business are generally comprised of the aggregated data and business activities of investment advisors that are owned in whole or in part by HSAM. Assets under management (“AUM”) reflects the AUM for the investment advisory and asset management clients of such investment advisors and is inclusive of the regulatory AUM of such investment advisors as would be reported in their respective Form ADVs.
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