Commercial real estate and mortgage banking firm Berkadia, headquartered in New York, N.Y., is expanding its Seniors House and Healthcare Group to include investment sales. The new endeavor will be led by Jason Krug, senior director of Berkadia’s Detroit office, who will work closely with Christopher Honn, head of the Seniors Housing and Healthcare Group.
“This sector is really coming into its prime and growing at a rapid rate,” said Honn in a company announcement send by email. “Jason’s experience and the relationships he’s cultivated are unmatched, and he will continue to position Berkadia as a one-stop shop that provides value to our customers’ and prospects’ every need.”
Berkadia has robust investment sales experience in other sectors, but this will be the first time the platform is brought into the seniors housing and healthcare arena. "In the first half of 2016, this group surpassed its year-over-year normalized debt-related production figures by 73 percent,” said Keith Misner, Berkadia’s national head of investment sales, in a company announcement. “Now we’re adding Jason—who has set records for Michigan-related investment sales—to create a specialty group powerhouse that will offer advisory services along all phases of our clients’ assets’ lifecycle.”