Brentwood

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    The company acquired the 51-property portfolio from Aimco and plans to preserve the communities.

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    Berkadia secured acquisition financing from Fannie Mae for two garden-style communities in Wyoming, Mich., and Grandville, Mich., on behalf of Torchlight Investors.

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    The refinancing will also help rehabilitate Grace West Manor, a 429-unit Newark community built in 1978. The property serves individuals aged 62 and over.

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    After previously securing acquisition financing for Timberwood Crossing, Cohen Financial has now arranged a HUD-insured loan for the same property. Managing Director Cathy Bronkema worked on behalf of the owner.

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