Charlotte and Charleston – July 30, 2024 – Berkadia announced today its North Carolina and South Carolina offices have completed a combined $474.12 million in investment sales production volume in the first half of the year. The record-breaking volume continues as they head into the second half of the year with strong momentum.
Managing Director Caleb Troop and Director Thomas Colaiezzi of Berkadia Charlotte, Managing Director Mark Boyce and Senior Director Blake Coffey of Berkadia Charleston, together, closed 16 deals in the first half of 2024. Most notably, the group closed an eight-property value-add portfolio across the state of South Carolina. The portfolio encompasses 2,164 units across eight properties and the sale was South Carolina’s largest market rate apartment transaction in the last decade.
“We’ve been fortunate to have had a very strong first half of 2024,” said Boyce and Troop. “Loyal clients and respected underwriting and valuation has helped our offerings to close ratio and allowed us to focus on getting sellable properties across the finish line. As we move to the second half of the year, we’ll continue with this approach and do our best to uncover even more opportunities for our clients.”
To achieve this milestone, Berkadia leveraged its longstanding relationships with investors, owners, and developers to complete several notable transactions for its clients across North Carolina and South Carolina in 2024.
Boyce, Troop, Colaiezzi, and Coffey are more committed than ever to assisting their clients by providing real-time data and insights into market trends. They take pride in their collaborative approach, strong relationships, and top-notch resources, all of which enable them to provide their clients with the latest information to enhance their businesses.