DALLAS, TX – Berkadia announced the addition of Senior Director Bianca Andujo to its Seniors Housing & Healthcare Group. Andujo joins the mortgage financing team, reporting into Senior Managing Director Heidi Brunet, and will be based in Dallas, Texas.

“Bianca brings unparalleled experience and demonstrated expertise to our already robust, full-service Seniors Housing and Healthcare group,” said Brunet. “As we continue to expand and deepen our relationships with clients and seek to find them the best opportunities in the market, she will be an invaluable and essential addition.”

Andujo joins Berkadia from Bank of Texas, where she served as Senior Vice President and Healthcare Banking team lead. In her role, she was responsible for driving healthcare banking loan growth, overseeing a team of seven and a total portfolio of $450 million. Her primary focus was skilled nursing facilities, with a national reach across eight states in the Northeast, Upper Midwest, and Texas.

“I’m thrilled to join Berkadia’s Seniors team, one of the best in the business, and to add my expertise and experience to their work with skilled nursing facilities,” said Andujo. “Recent trends in skilled nursing facility occupancy and price per bed have put pressures on operators and owners. At the same time, we know that the senior population is only going to continue to grow, anticipated to reach 74 million by 2030. Opportunities in this market exist, but they must be carefully evaluated in terms of market trends, risk analysis and complexity and executed by an experienced team. Berkadia’s team is equipped to do just that and I’m excited for what the future holds.”

Prior to her role as the Healthcare Banking team lead, Andujo was a leading relationship manager, exceeding loan production goals for five consecutive years, resulting in new loan production of $400 million. She earned a B.S. in Economics from Southern Methodist University.

Berkadia’s Seniors Housing & Healthcare Group leads the industry in innovative and comprehensive solutions for even the most complex 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. Last year, the team expanded its capabilities by adding an investment sales presence, rounding out its full-suite of services.

In 2017, Berkadia’s Seniors Housing team completed more than $1.7 billion in loan volume, including closing over $1 billion in financings in a single day.

MARANA, ARIZONA — Continental Ranch Shopping Center at 8235-8245 N Silverbell Rd., Marana, AZ on the corner of Wade Rd. and Silverbell Road in Marana sold to 2908 RT. 130, LLC for $3,386,733 ($157 PSF). The 21,600-square-foot Multi-tenant retail center received an offer within the first week of being listed and was 93% occupied.

John Barnes & Spencer O’Donnell of Colliers International in Phoenix and Gary Heinfeld, CCIM and Ryan W. Heinfeld, CCIM of Advisors in Real Estate, Inc. represented the seller, CJR at Continental Ranch LLC, with Dylan Brown and Andrew Fosberg of CBRE representing the investor.

The Continental Ranch Shopping Center in Marana is very active. Tenants include: Pizza Hut, Psychosomatic Fitness, The Station Restaurant, Sweet Smiles Family Dentist, Foot Massage, a Barber Shop, BTO Yogurt, Feisty Studios Hair Salon, State Farm Insurance, Rincon Ventures Property Management, and an office for a hospice care firm.

The Town of Marana is now the third fastest growing city in Arizona and multiple offers were received on the property.

This is the third multi-tenant retail center in the area sold by Gary Heinfeld, CCIM and Ryan W. Heinfeld, CCIM. Another property listed by them has also garnered multiple offers.

For more information, Gary and Ryan Heinfeld should be reached at 520.299.0700 and Dylan Brown can be contacted at 602.735.1714.

Cushman & Wakefield Negotiates Sale of 384-Unit Class A Multifamily Opportunity

PHOENIX, Arizoa – Cushman & Wakefield completed the sale of The District at Mountain Vista, located at 1304 S. 105th Place in Mesa, Ariz. South 105th AZ Partners, LLC, an entity formed by Atlanta-based Cortland Partners, purchased the property from Atlanta-based Kaplan Mountain Vista Apartments, LP, an entity formed by Westplan Investors and Kaplan Development, LLC, for $62 million ($161,458 per unit).

Executive Managing Directors David Fogler and Steven Nicoluzakis of Cushman & Wakefield represented the seller.

The District at Mountain Vista is a 384-unit Class A, garden-style luxury rental community offering a mix of one, two, and three-bedroom floor plans at an average size of 965-square-feet. Each apartment features crown molding, breakfast bar, Whirlpool black appliances, full-size washer/dryers, walk-in closets, detached private garage, private patios/balconies and nine-foot ceilings.

The property’s amenity set includes a clubhouse, resort-style pool, poolside café tables and barbecue grills, resident business center with WiFi, fitness center, yoga studio, gated entry, extra storage units and a dog park. Located in East Mesa near the US-60 and the Loop 202, The District at Mountain Vista provides easy access to restaurants, shopping, entertainment, recreation, schools and medical centers.

“The buyer was attracted to The District at Mountain Vista by the overall quality of the asset and the potential to add value through a program of upgrading unit interiors and the community’s amenity package,” said Fogler.