DALLAS – April 9, 2018 – Berkadia today announced the addition of Senior Director Chris Cain to its industry-leading Seniors Housing and Healthcare team. He will be based in Berkadia’s Dallas office, reporting to Senior Managing Director Heidi Brunet.
“Chris brings an exceptional blend of industry knowledge and analytical chops, coupled with an innate understanding of the importance of building strong relationships in this business,” said Brunet. “His proven track record and commitment to client service will enable us to continue the incredible momentum that carried us through 2017.”
Cain joins Berkadia from Commerce Bank, where he specialized in healthcare finance and where he created and led their national Seniors Housing platform. He was responsible for the origination of private pay Senior Housing transactions including construction, acquisition and loan terms, and in 2017 he generated more than $200 million in new production.
Prior to Commerce Bank, Cain spent more than 15 years with Guaranty Bank, later BBVA Compass, most recently as a Senior Vice President. He was responsible for originating and underwriting healthcare transactions, including construction, acquisition, lines of credit, term loans and refinance, managing a healthcare portfolio of $750 million.
“The Seniors Housing and Healthcare market is a nuanced sector that requires deep expertise,” said Cain. “Berkadia’s Seniors Housing and Healthcare team is unmatched in the industry and I’m eager to use my experience and knowledge of the sector to drive even greater success.”
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.