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November 19, 2019

Berkadia Secures $23 Million in Financing for Retail Property in Michigan

DETROIT – November 18, 2019 – Berkadia today announced the $23.25 million in financing secured for The Shops at Stony Creek, a retail strip center in Shelby Township, Michigan. Senior Managing Director Colin Callaghan and Director Aaron Moll of Berkadia’s Detroit office secured the permanent refinancing on behalf of Michigan-based MJC Homes, Inc., and the […]

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November 19, 2019

Berkadia Completes $46.5 Million Sale of Multifamily Property in Tennessee

CHICAGO and MEMPHIS, Tenn. – November 18, 2019 – Berkadia announced today the sale of Waterford Landings, a 364-unit garden-style multifamily property in Clarksville, Tennessee. Senior Director Patrick Jordan of Berkadia’s Memphis office, along with Senior Managing Director Alex Blagojevich of Berkadia’s Chicago office, completed the $46.5 million sale on behalf of the seller, Arizona-based […]

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November 14, 2019

Berkadia Arranges $18.75 Million in Acquisition Financing for 202-unit Multifamily Community in Charlotte

Charlotte, N.C. (Nov. 13, 2019) – Berkadia announces it has secured $18.75 million in acquisition financing for Axiom Apartments, a 202-unit multifamily community in Charlotte. Senior Director Brad Williamson of Berkadia’s Miami office and Senior Managing Director Mitch Sinberg of Berkadia’s Boca Raton office arranged the financing on behalf of One Real Estate Investment (OREI), […]

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November 12, 2019

Berkadia Secures Nearly $18 Million in Financing for Retail Property in Texas

DALLAS – November 13, 2019 – Berkadia today announced the $17.65 million in financing secured for World Cup Plaza, a 91,428 square foot retail strip center in Frisco, Texas. Managing Director Joseph N. Hevey of Berkadia’s Dallas office originated the refinancing loan on behalf of Dallas-based World Cup Management, and the deal closed on November […]

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November 11, 2019

Berkadia Announces the Sale of Independent Living Communities in Missouri and Illinois

WASHINGTON, D.C. – November 12, 2019 – Berkadia today announced the successful sale of two independent living communities located in Springfield, Missouri and Peoria, Illinois. Investment Sales Lead Tim Cobb of Berkadia’s Seniors Housing & Healthcare group completed the sale on behalf of Dallas-based Capital Senior Living Corporation (NYSE:CSU). Berkadia used its extensive lending network […]

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November 11, 2019

Berkadia Secures Over $77 Million in Financing for Multifamily Property in Washington

SAN FRANCISCO – November 8, 2019 – Berkadia announced today $77.4 million in senior debt financing secured for Issaquah Terrace, a garden-style multifamily property in Issaquah, Washington. Senior Managing Director Mitch Thurston and Managing Director Andy Ahlers of Berkadia’s San Francisco office secured the loan on behalf of the sponsor, a private multifamily investment firm, […]

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November 11, 2019

Berkadia Secures $20.065 Million Acquisition Loan for 204-unit Community in Columbia, South Carolina

Columbia, S.C. (Nov. 8, 2019) – Berkadia announces it has arranged $20.065 million in acquisition financing for Arcadia’s Edge, a 204-unit multifamily community in Columbia, South Carolina. Senior Managing Director Charles Foschini and Managing Director Christopher Apone of Berkadia’s Miami office secured the loan on behalf of West Shore LLC. Berkadia originated a 10-year, fixed […]

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November 8, 2019

Berkadia Secures Nearly $121 Million in Financing for High Rise Property in New York

NEW YORK – November 1, 2019 – Berkadia today announced $120.78 million in financing secured for 711 Seagirt, a 917-unit high rise multifamily property in Far Rockaway, New York. Director Michael Shmuely of Berkadia’s New York office secured the permanent refinancing on behalf of the borrower, New Jersey-based Treetop Development, and the deal closed on […]

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November 8, 2019

Berkadia Arranges $49.725 Million in Acquisition Financing for 170-Unit Community in Boston

BOSTON (Nov. 4, 2019) – Berkadia announces it has secured $49.725 million in acquisition financing for Riverbend on the Charles, a stabilized 170-unit multifamily community in the Boston suburb of Watertown, Massachusetts. Senior Managing Director Charles Foschini and Managing Director Christopher Apone of Berkadia’s Miami office arranged the loan on behalf of Harbor Group International, […]

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