Newsroom

August 7, 2020

Berkadia Arranges $35 Million in Debt for Beacon Real Estate Group’s Acquisition of Sister Apartment Communities in Atlanta Area

ATLANTA (August 7, 2020) – Berkadia announces it has secured debt for the acquisition of two apartment communities located in Decatur, Georgia. Beacon Real Estate Group, of Coral Gables, Fla., acquired the 168-unit Domain at Cedar Creek and 164-unit Gateway at Cedar Brook apartments for a combined $46.1 million. Managing Director Scott Wadler, Senior Managing […]

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August 6, 2020

Commercial Real Estate Professionals Confident in Industry’s Ability to Withstand and Recover from COVID-19 by 2021

Market activity has exceeded expectations despite early concerns, according to Berkadia’s 2020 Mid-Year Powerhouse Poll  NEW YORK – August 6, 2020 – Berkadia’s 2020 Mid-Year Powerhouse Poll finds that the initial concerns about the COVID-19 pandemic’s impact on multifamily real estate have not been realized, and Berkadia mortgage bankers and investment sales experts agree that […]

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August 5, 2020

Berkadia Secures $19 Million in Financing for Hotel Property Outside of Washington, D.C.

WASHINGTON, D.C. – August 5, 2020 – Berkadia announced today the $19 million refinancing secured for Hilton Garden Inn, Crystal City, a full-service hotel in Crystal City, a neighborhood in Arlington, Virginia. Director Matthew Raptosh and Associate Director Connor Wimsatt of Berkadia’s Hotels and Hospitality specialty team secured the loan on behalf of Sound Hospitality. […]

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August 5, 2020

Berkadia Completes Sale of Multifamily Property in Nebraska

CHICAGO and KANSAS CITY, Mo. – August 5, 2020 – Berkadia today announced the sale of Steeplechase on Maple, a 314-unit garden-style multifamily property located in Omaha, Nebraska. Senior Managing Director Alex Blagojevich and Managing Directors Michael Sullivan and Ralph DePasquale, as well Director Parker Stewart of Berkadia’s Mid-Markets Team, completed the sale on behalf […]

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August 3, 2020

Berkadia Secures $24 Million Construction Take-Out Loan for New Georgia Workforce Community

HINESVILLE, GA (August 3, 2020) – Berkadia announces it has procured financing for the recapitalization of Liberty Club Apartments, a new 240-unit, garden-style apartment community located in Hinesville, Georgia. Managing Director Michael Weinberg and Associate Directors Alec Fox and Wesley Moczul of Berkadia’s Orlando office secured the $24.01 million loan on behalf of the sponsor, […]

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July 29, 2020

Berkadia’s Seniors Housing & Healthcare Group Secures Nearly $50 Million in Financing for Skilled Nursing Facilities

WASHINGTON, D.C. – July 28, 2020 Berkadia’s Seniors Housing & Healthcare Group has secured $50 million in loan closings in June and July for skilled nursing facilities across the country, including in Florida, California and Maryland. “The 232/223(f) HUD program is a very appealing debt solution for the senior housing industry, particularly now as other […]

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July 21, 2020

Berkadia Arranges Sale & Financing of Apartments in Laredo, Texas

 Laredo, Tex. (July 21, 2020) – Berkadia announces it has arranged the sale and financing of Lago del Mar Apartments, a 260-unit garden-style apartment community located in Laredo, Texas. Senior Managing Director Ryan Epstein of Berkadia’s Houston office, along with Managing Director Mike Miller, Senior Director Will Caruth and Director Cody Courtney of Berkadia’s San […]

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July 21, 2020

Berkadia Secures $16.6 Million in Financing for Mid-Rise Property in Indiana

NEW YORK – July 21, 2020 – Berkadia today announced the $16.6 million in financing secured for River House, a mid-rise multifamily property in Indianapolis, Indiana. Senior Directors Michael Zaremski and Michael Shmuely of Berkadia’s New York office together secured the permanent refinancing on behalf of the borrower, an undisclosed entity. The 10-year Freddie Mac […]

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