ASHBURN, VA — June 9, 2021 — Berkadia announced today the $30 million sale for Embassy Suites and Homewood Suites Dulles North, a 244-room suites product dual brand property in Ashburn, Virginia. Managing Director Dan Hawkins, Senior Director John Testerman and Associate Director John Kluh of Berkadia Hotels & Hospitality completed the sale on behalf […]
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LOS ANGELES – June 8, 2021 – Berkadia today announced the financing secured for Cactus Forty-2, a garden-style multifamily property located in Phoenix, Arizona. Managing Director Allan Freedman of Berkadia Los Angeles secured the $31.9 million in permanent acquisition financing on behalf of the borrower, California-based The Ezralow Company. The deal closed on April 28. […]
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WASHINGTON, D.C., and RICHMOND, Va. — June 4, 2021 — Berkadia announced today the sale of Highland Village Townhomes, a 1098-unit garden-style multifamily property in Halethorpe, Maryland. Senior Managing Director Drew White of Berkadia’s Washington, D.C. office and Director Carter Wood of Berkadia’s Richmond, Virginia office completed the $139.85 million sale on behalf of the […]
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Orlando, Fla. (June 1, 2021) – Berkadia announces it has arranged the $68.5 million sale and $36.25 million financing of Veere Apartments, a 250-unit class AA garden style community located in Orlando. Managing Directors Brett Moss and Matthew Wilcox, alongside Associate Director Tyler Swidler of Berkadia Orlando, secured the sale on behalf of Epoch Residential. […]
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ATLANTA — May 28, 2021 — Berkadia announced today the sales of Commons at Briarwood Park and Magnolia Gardens, two garden-style multifamily properties in Atlanta, Georgia. Senior Managing Directors Paul Vetter and Andrew Mays, Senior Director Judy MacManus and Director Matt White of Berkadia’s Atlanta office completed the $67.79 million in combined sales on behalf […]
Read More PHOENIX and SALT LAKE CITY – May 27, 2021 – Berkadia announced today the sale of and financing secured for The Franciscan, a 140-unit garden-style multifamily property in Phoenix, Arizona. Senior Managing Directors Ric Holway and Mark Forrester and Senior Director Dan Cheyne of Berkadia’s Phoenix office completed the sale on behalf of the seller. […]
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SAN DIEGO, CA– May 27, 2021 – Berkadia announced today the $19 million sale of The Jackson, a brand-new, luxury mixed-use community located in the North Park neighborhood of San Diego, California. Managing Directors Ed Rosen and John Chu and Director Tyler Sinks of Berkadia San Diego office completed the sale on behalf of the […]
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DENVER — May 26, 2021 — Berkadia announced today the $101 million sale of Bucking Horse, a 322-unit garden-style multifamily property located in Fort Collins, Colorado. Senior Directors John Laratta and Nick Steele, Director Tyler King and Associate Director Nate Moyer of Berkadia Denver completed the sale on behalf of the seller, Colorado-based Bucking Horse […]
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INDIANAPOLIS – May 26, 2021 – Berkadia today announced the financing secured for Barton Farms and Bexley Village, two multifamily properties located in Greenwood, Indiana. Managing Director Jason Brown and Senior Real Estate Analyst Austin Katai of Berkadia Indianapolis secured the $56.7 million in acquisition financing on behalf of the borrower, Indiana-based Zidan Management Group, […]
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Tampa, Fla. (May 25, 2021) – Berkadia announces it has arranged $20.6 million in financing for the acquisition of 155 out of 158 units at Harborside Suites at Little Harbor, a waterfront hotel-condominium property located in Ruskin, Florida, approximately 30 minutes south of Tampa. Managing Director Christopher Apone and Senior Managing Director Charles Foschini of […]
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