Berkadia funds SNF portfolio in Arkansas

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Berkadia Commercial Mortgage LLC announced it has originated $59.8 million through the U.S. Department of Housing and Urban Development's (HUD) 232/223(a)(7) program to refinance a portfolio of 12 skilled nursing facilities in Arkansas.

Omega Healthcare Investors acquired the assets in December 2011 and assumed HUD debt through a transfer of physical assets, the company said. Berkadia closed the 12 loans on March 26.

 

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