History
Berkadia’s history began in 1994, when GMAC Commercial Mortgage Corporation (GMACCM) was established as a separate operating unit of the GMAC Mortgage Group. GMACCM grew to become one of the largest commercial real estate finance companies in the industry, with operations in the United States, Mexico, Canada, Europe and Asia.
In March 2006, an investor group led by affiliates of Kohlberg, Kravis Roberts & Co. (KKR), Five Mile Capital Partners, LLC and Goldman Sachs Capital Partners completed the acquisition of a majority interest in GMAC Commercial Holding Corp. The company then changed its name to Capmark Financial Group Inc. (Capmark) and established a new executive team.
In 2009, Berkadia was formed when a joint venture of Berkshire Hathaway and Leucadia National Corporation (now Jefferies Financial Group) – both of which are renowned for their capital strength and sophisticated investment strategies – acquired Capmark’s mortgage origination and servicing business.
This venture allowed Berkadia to position itself as one of the prominent commercial mortgage lenders in the industry, leveraging its partners’ expertise and financial backing.
Career Opportunities
Here at Berkadia, we believe people matter.
In fact, our people are the heart and soul of everything we do. That’s why we employ the top CRE professionals in our industry, and make sure we invest in their personal development and training. With a focus on innovation and insights, we set the bar high – and keep it there – so that we provide best-in-class service for our clients.
As part of our commitment to diversity, Berkadia is a proud partner of CREW and Project Destined.