M&A and lending activity is on the up as investors look to re-enter or expand their presence in the market, and Berkadia is growing their team to handle what they expect will be a busy year. The company has added Managing Director Steve Muth to Berkadia Seniors Housing & Healthcare, serving on the mortgage banking platform. Mr. Muth will report to SVP, Head of FHA and Seniors Housing Finance Steve Ervin. Berkadia Seniors Housing & Healthcare closed more than $600 million in combined investment sales and financing in 2021 and ended the year as the top-ranking Freddie Mac Lender for Seniors Housing. The team’s 42 transactions encompassed a range of property types across the country.
Prior to joining Berkadia, Mr. Muth worked at M&T Bank for over ten years as both a commercial banker and mortgage banker. Most recently, he served as Managing Director, Seniors Housing Origination, responsible for originating Fannie Mae, Freddie Mac, FHA/HUD and bridge loans for seniors housing and healthcare properties nationwide. Mr. Muth began his career at KPMG, LLP and is a Certified Public Accountant. He received his Bachelor of Science in Accounting from the State University of New York at Oswego.
