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January 15, 2021

Berkadia Completes the Sale of and Secures Financing for Multifamily Property in Dallas

ATLANTA and DALLAS – January 15, 2021 – Berkadia today announced the sale of and financing secured for Plum Meadow, a 270-unit garden-style multifamily property in Dallas, Texas. Managing Director Thomas Burns along with Managing Director Jay Gunn and Senior Director William Jarnagin, all of Berkadia’s Dallas office, completed the sale on behalf of the […]

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January 15, 2021

Berkadia Completes $57.5 Million Sale of Multifamily Property in Florida

ORLANDO, Fla. and TAMPA, Fla. – January 15, 2021 – Berkadia announced today the sale of Standard at 2690, a 456-unit garden-style multifamily property located in Clearwater, Florida. Managing Director Jason Stanton of Berkadia’s Tampa office, and Senior Managing Director Cole Whitaker of Berkadia’s Orlando office, arranged the $57.5 million sale on behalf of the […]

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January 14, 2021

Berkadia Acquires Moran & Company’s Apartment Brokerage Practice to Further Expand its Institutional Investment Sales Capabilities

Together, the firms will create Berkadia Institutional Solutions, powered by Moran, a platform dedicated to offering institutional real estate investors best-in-class customized capital solutions to meet their long-term real estate goals NEW YORK – January 14, 2021 – Berkadia announced today the acquisition of the apartment brokerage practice of Moran & Company, expanding Berkadia’s core […]

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January 12, 2021

Berkadia Secures $10.25 Million Equity Investment for Encore Multi-Family’s 208-unit Development in Phoenix Area Qualified Opportunity Zone

Chandler, Ariz. (Jan. 12, 2021) – Berkadia has sourced a capital partner for Encore Chandler, a 208-unit, class-A, multifamily development in Downtown Chandler between Dallas-based Encore Multi-Family and a Real Estate Investment Trust. Berkadia’s JV Equity & Structured Capital team led by Chinmay Bhatt, Noam Franklin and Cody Kirkpatrick brought the publicly traded REIT as […]

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HUD multifamily
January 8, 2021

Berkadia Arranges $55.3 Million Sale of Tampa Bay Apartments

St. Petersburg, Fla. (Jan. 8, 2021) – Berkadia announces it has arranged the sale of Brandywine Apartments, a 477-unit garden-style apartment community in St. Petersburg, Fla. Managing Director Jason Stanton of Berkadia’s Tampa office, and Senior Managing Director Cole Whitaker of Berkadia’s Orlando office, arranged the sale. A real estate fund managed by Covenant Capital […]

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January 8, 2021

Berkadia Completes Sale of 125-Unit Multifamily Property in Madison, Wisconsin

CHICAGO – January 8, 2021 – Berkadia today announced the sale of Lake Point Terrace for approximately $13.1 million. Managing Director Ralph DePasquale of Berkadia’s Chicago office completed the sale on behalf of the seller, Chicago-based Ansonia Properties LLC, as well as the buyer, Milwaukee-based Metropolitan Associates. The deal closed on December 18, 2020. “Lake […]

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January 8, 2021

Berkadia Secures Financing for 498-Unit Multifamily Property in Kansas

LOUIS – January 8, 2021 – Berkadia today announced the financing secured for Rosehill Pointe, a garden-style multifamily property in Lenexa, Kansas. Associate Director Pat Garlich of Berkadia’s St. Louis office secured the permanent refinancing on behalf of the borrower, Missouri-based Maxus Properties. The deal closed on December 10, 2020. The 10-year Freddie Mac loan […]

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HUD
January 8, 2021

Berkadia Secures Over $75 Million in Combined Financing for Valleytree Partners on Three Multifamily Properties in Michigan

DETROIT – January 8, 2021 – Berkadia today announced the $75.13 million in combined financing secured for Dearborn View, Bedford Square and Delta Square Apartments, three garden-style multifamily properties in Michigan. Director Aaron Moll of Berkadia’s Detroit office secured these loans on behalf of Valleytree Partners. “It has been great working with Valleytree,” said Moll. […]

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