Newsroom

January 29, 2020

What’s Ahead for Affordable Housing

An Interview With our New SVP and Head of Affordable Housing David Leopold David Leopold recently joined Berkadia as Senior Vice President and Head of Affordable Housing. He’ll lead Berkadia’s Affordable Housing team, a national platform that provides mortgage banking, investment sales and tax credit syndication services. David joins Berkadia from Freddie Mac, where he […]

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January 28, 2020

Berkadia Completes Nearly $24.5 Million Sale of Multifamily Property in Atlanta

ATLANTA – January 29, 2020 – Berkadia today announced the sale of Brookstone at Brookhaven, a 158-unit garden-style multifamily property in Atlanta. Senior Managing Directors Paul Vetter and Andrew Mays, Senior Director Judy MacManus and Director Matt White of Berkadia’s Atlanta office completed the $24.49 million sale on behalf of the seller, Georgia-based MSC Investment, […]

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January 27, 2020

Berkadia Secures $77 Million in Financing for Hotel Property in Detroit

CLEVELAND – January 29, 2020 – Berkadia announced today the $77 million in financing secured for The Westin Book Cadillac, a full-service hotel in Detroit, Michigan. Director Dan Geuther of Berkadia’s Cleveland office secured the permanent refinancing for the property on behalf of Cleveland-based The Ferchill Group. The deal closed on January 22. The 10-year […]

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January 24, 2020

Berkadia Completes Sale and Secures Financing for Multifamily Property Near San Antonio

SAN ANTONIO and AUSTIN, Texas – January 27, 2020 – Berkadia today announced the sale of and financing secured for Vantage at Boerne, a 288-unit garden-style multifamily property in Boerne, Texas. Managing Director Michael Miller, Senior Director Will Caruth and Director Cody Courtney of Berkadia’s San Antonio office completed the sale on behalf of the […]

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January 24, 2020

Berkadia Completes Sale of Multifamily Property in Washington

SEATTLE & AUSTIN, Texas – January 27, 2020 – Berkadia today announced the sale of Greensview Apartment Homes, a 144-unit garden-style multifamily property in Everett, Washington. Senior Managing Director Kenny Dudunakis and Senior Directors David Sorensen and Ben Johnson of Berkadia’s Seattle office and Managing Director Kelly Witherspoon of Berkadia’s Austin, Texas office completed the […]

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January 23, 2020

Berkadia Completes Nearly $18 Million in Combined Sales and Secures $12.85 Million in Combined Financing for Two Multifamily Properties in the Charleston MSA of South Carolina

CHARLESTON, S.C. and ATLANTA – January 24, 2020 – Berkadia today announced the $17.75 million in combined sales of Epson Oaks and Churchill Apartments, two garden-style multifamily communities in South Carolina. Managing Director Mark Boyce and Associate Director Blake Coffey of Berkadia’s Charleston office completed the sales on behalf of the seller, South Carolina-based KAH […]

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January 23, 2020

Berkadia Completes $51 Million Sale of Hotel Property in Anaheim, California

WASHINGTON, DC – January 23, 2020 – Berkadia’s Hotels & Hospitality team completed the $51 million sale of the Sheraton Park Hotel at the Anaheim Resort in Anaheim, California. Managing Director Kyle Stevenson arranged the sale by using RealINSIGHT Marketplace. The deal closed on December 19. “The Sheraton Anaheim is a modern, well-designed property in […]

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January 23, 2020

Berkadia Arranges $25.775 Million Acquisition Loan for Multifamily Community in North Carolina

Greensboro, N.C. (Jan. 23, 2020) – Berkadia announces it has arranged $25.775 million in acquisition financing for Waterford Place, a 240-unit multifamily community in Greensboro, North Carolina. Senior Managing Director Mitch Sinberg, Associate Director Matthew Robbins and Senior Analyst Abigail Beauchamp of Berkadia’s Boca Raton office secured the loan on behalf of a joint venture […]

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January 23, 2020

Berkadia Completes Nearly $43 Million Sale and Secures Almost $28 Million in Financing for Multifamily Property Outside of Phoenix

PHOENIX, SAN FRANCISCO and TUCSON, Ariz. – January 23, 2019 – Berkadia today announced the sale of and financing secured for Avilla Town Square, a 152-unit multifamily property in Gilbert, Arizona. Senior Managing Directors Mark Forrester and Ric Holway and Senior Director Dan Cheyne of Berkadia’s Phoenix office, along with Senior Managing Director Art Wadlund […]

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January 22, 2020

Berkadia Completes $36 Million Sale of Multifamily Property in Arizona

PHOENIX – January 23, 2020 – Berkadia announced today the $36.25 million sale of Azure Creek, a 160-unit garden-style multifamily property in Maricopa, Arizona. Senior Managing Directors Mark Forrester and Ric Holway and Senior Director Dan Cheyne of Berkadia’s Phoenix office facilitated the sale on behalf of the seller, California-based RK Properties. The buyer was […]

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