Berkadia Commercial Mortgage LLC, the joint venture of Warren Buffett’s Berkshire Hathaway Inc. (BRK/A) and Leucadia National Corp. (LUK), is expanding in Florida as it prepares for an end to the state’s real estate slump.
Thanks to steady demand drivers, as well as built-in exit strategies courtesy of Fannie Mae and Freddie Mac, lenders favored multifamily over other asset types through the recession.
5/10/2013
As a result of the recent announcement that KeyBank Real Estate Capital has agreed to purchase certain commercial servicing rights from Bank of America, Berkadia Commercial Mortgage LLC (Berkadia) has agreed to subservice the portfolio . . .
4/29/2013
The Richmond, Va. office of Berkadia Commercial Mortgage LLC (Berkadia) was recently honored by the Washington Business Journal as the winner of its 17th annual Best Real Estate Deal in the “Financing” category.
4/25/2013
Berkadia Commercial Mortgage, LLC (Berkadia) recently originated $59.8 million through the U.S. Department of Housing and Urban Development’s (HUD) 232/223(a)(7) program to refinance a portfolio of 12 skilled nursing facilities. . .
4/17/2013
Berkadia Commercial Mortgage LLC (Berkadia) announced today the hiring of Preston Sargent as a managing director for equity initiatives and separate accounts.
The Austin office of Berkadia Commercial Mortgage LLC (Berkadia) recently closed a portfolio of loans totaling $56.5 million in financing for multifamily properties located in the Houston and San Antonio metropolitan areas.
4/1/2013
Morgan Properties announced today that it has closed a $1.2 billion series of loans to refinance a large portion of its multifamily portfolio. Berkadia Commercial Mortgage originated the financing of the 73 apartment communities, 71 of which are eligible
3/18/2013
Berkadia Commercial Mortgage (Berkadia) recently originated a total of $16.4 million for seniors housing properties located in Ohio and Nebraska. Highlights include:
The San Francisco office of Berkadia Commercial Mortgage LLC (Berkadia) arranged $8.8 million in financing for the acquisition of Emerald Glen, a class A multifamily property located in San Jose, Calif.
2/25/2013
The New Jersey office of Berkadia Commercial Mortgage LLC (Berkadia) recently closed two deals totaling $89.50 million in financing for multifamily properties located in Rhode Island and New Jersey.
2/13/2013
The Orange County office of Berkadia Commercial Mortgage LLC (Berkadia) recently closed a $42 million loan with Morgan Stanley for The Scripps Research Institute in La Jolla, Calif.