LOS ANGELES – January 14, 2019 – Berkadia announced today the $42.25 million sale of Mountain Summit Condominiums, a 194-unit garden-style multifamily property in Ontario, California. Managing Directors Jim Fisher and Jeff Rowerdink and Senior Director Mike Smith of Berkadia’s Los Angeles office completed the sale on behalf of the seller, Los Angeles-based TruAmerica Multifamily. […]
Read MoreKANSAS CITY, Mo. – January 11, 2019 – Berkadia today announced $30 million in acquisition financing for 909 Walnut, a high-rise multifamily property in Kansas City, Missouri. Managing Director John Schorgl of the Kansas City, Missouri office secured the loan on behalf of Worcester Investments, based in Missouri, through Fannie Mae. The deal closed on […]
Read MoreBerkadia Arranges $18.8M Sale of Hotel in Northern Virginia | REBusiness Online WASHINGTON, D.C. – January 9, 2018 – Berkadia’s Hotels & Hospitality group announced today the $18.8 million sale and $12 million financing of the Courtyard by Marriott Fredericksburg. Managing Director Kyle Stevenson and Senior Director Matthew Bailly arranged the sale on behalf of […]
Read MoreBerkadia Finances Cleveland US Bank Center | Commercial Property Executive Berkadia Closes $33 Million Loan for Downtown Cleveland Office Building | REJournals Berkadia Arranges $33.4M Refinancing for US Bank Centre in Cleveland | REBusiness Online CLEVELAND – January 7, 2019 – Berkadia today announced the $33.2 million financing secured for the US Bank Centre, a […]
Read MoreBerkadia Arranges IN Community Sale | Multi-Housing News CHICAGO – January 7, 2019 – Berkadia announced today the sale of Carmel Woods, a 314-unit garden-style multifamily property in Carmel, Indiana. Managing Director Alex Blagojevich and Director Chris Bruzas of Berkadia’s Chicago office completed the sale on behalf of the buyer, Indianapolis-based Barratt Asset Management, and […]
Read MorePHOENIX – December 27, 2018 – Berkadia today announced the $24 million financing for the Holiday Inn & Suites Atlanta Airport North. Director Adrienne Kautzman and Analyst Larissa Gooden of Berkadia’s Hotels & Hospitality team worked with Tremont Mortgage Trust to secure the bridge financing for borrower Brandt Hospitality Group. The deal closed on December […]
Read MoreBirmingham Apartment Complex Sells for $56 Million | Alabama.com Berkadia Arranges $56M Sale of Multifamily Community in Birmingham | REBusiness Online Birmingham Emerging as a Go-To Market for Value-Added Players | CoStar BIRMINGHAM, Ala. – December 27, 2018 – Berkadia today announced the $56 million sale of Wildwood Crossings Apartments, a 520-unit Class B garden-style […]
Read MoreTen-Year, Fixed-Rate Loan Finances Warehouse Space Next to Tampa’s Airport | The Real Deal Equitable Real Estate Partners acquired Westshore Logistics Center for $16.3 million Tampa, Fla. (December 19, 2018) – Berkadia has secured financing for the acquisition of Westshore Logistics Center, a 167,956-square-foot warehouse/distribution center located adjacent to Tampa International Airport. Senior Managing Director […]
Read MoreBerkadia Secures $22.26 MM Loan for Acquisition of Houston Apartment Community | Multifamily Press Berkadia Secures $22.26M Loan for Acquisition of Houston Apartment Community | CityBizList Echo at Katy Ranch bought by Fort Worth investor Katy, Texas (Dec. 19, 2018) – Berkadia announces it has secured $22.264 million in acquisition financing for Echo at Katy […]
Read MoreLakeland, Fla. (December 18, 2018) – Berkadia has arranged the refinancing of Fountain Square Apartments, a 148-unit garden-style apartment community located in Lakeland, Florida. Senior Managing Director Charles Foschini and Managing Director Christopher Apone of Berkadia’s South Florida office represented the borrower, Pensam Capital, in securing the loan. Freddie Mac provided a 12-year, fixed rate […]
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