Berkadia, a leader in the commercial real estate industry, announced the sale of The Woodlake, a 137-unit assisted living and memory care community located in Sacramento, California.
Berkadia Seniors Housing & Healthcare, led by Senior Director Brooks Minford, closed the transaction on behalf of the seller, a private equity firm.
The Woodlake is located just north of the shores of the American River and just south of Highway 160, adjacent to award-winning medical care. The community offers residents access to an on-site theater, fitness center, salon and barber shop, library, transportation services, and restaurant-style dining.
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.
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.
ONELIFE Senior Living, based in Denver, Colorado, is a growing senior housing owner and operator with a proven track record of success. Guided by the vision Empowering Lives, Inspiring Purpose, ONELIFE is committed to delivering exceptional homes for residents, creating fulfilling work environments for employees, and offering high-quality investments for partners. With a focus on purposeful and strategic growth, ONELIFE is expanding its footprint across the western United States to redefine senior living and make a lasting impact on those we serve.