Allister Place sold for $43.2MM to joint venture between GMF Capital and an affiliate of The Michaelson Group Tampa, Fla. (March 22, 2019) – Berkadia announces it has arranged the $43.2 million sale and $34.6 million financing of Allister Place, a 384-unit multifamily asset located in Tampa, Florida. Senior Managing Director Cole Whitaker of the Orlando […]
Read MoreRICHMOND, Va. – March 20, 2019 – Berkadia today announced the financing of Magnolia Green Apartments, a garden-style multifamily property to be constructed in Moseley, Virginia. Senior Managing Director David Blake and Director Amy Gay of Berkadia’s Richmond, Virginia office originated the $35.12 million construction loan through Berkadia’s HUD program. The borrower was a single-asset […]
Read MoreOrlando, Fla. (March 18, 2019) – Berkadia announces it has arranged the sale of a five-property multifamily portfolio in central and north Florida. The properties, located in Gainesville, St. Petersburg and Daytona Beach, were sold to two separate buyers. Senior Managing Director Cole Whitaker and Director Mary Beale of Berkadia’s Orlando office, along with Senior […]
Read MoreIRVINE, Calif. – March 15, 2019 – Berkadia today announced $31.2 million in acquisition financing for Canopy at Baybrook, formerly known as Reafield Village, a garden-style multifamily property in Charlotte, North Carolina. Managing Director David Bleiweiss and Associate Director Jack Hunsicker of Berkadia’s Irvine, California office secured the loan on behalf of Investors Management Group, […]
Read MoreValue-Add River Market Multifamily Property Sells | Kansas City Business Journal Artemis/CRES JV Trades Historic Apartments in KC | Connect Commercial Real Estate Downtown KC Community Changes Hands | Multi-Housing News Berkadia Sells 141-Unit Apartment Community in Kansas City | REJournals Berkadia Arranges Sale of 141-Unit Apartment Property in Kansas City | REBusiness Online CHICAGO […]
Read MoreMorgan Secures $677M for Landmark NE MF Acquisition | Connect Commercial Real Estate PHILADELPHIA, PA – March 14, 2019 – Berkadia announced today the closing of $688 million in acquisition financing for a 10-property, 4,130-unit multifamily portfolio in Pennsylvania and Virginia. Jim Badolato and Michael McKee of Berkadia’s Philadelphia office secured the financing with Fannie […]
Read MoreST. LOUIS, Mo. – March 14, 2019 – Berkadia announced today the sale and financing of Chez Paree Apartments, a garden-style multifamily property in the St. Louis suburb of Hazelwood, Missouri. Managing Directors Alex Blagojevich, Michael Sullivan, Ken Aston and Andrea Kendrick completed the sale on behalf of the buyer and seller. The seller was […]
Read MoreSEATTLE and ST. LOUIS – March 14, 2019 – Berkadia today announced the financing of Park Place Apartments, a 106-unit multifamily complex to be built in Richland, Washington. Managing Director Jeff Stuart and Senior Managing Director Kevin Kozminske originated the $18.6 million construction-to-permanent loan, on behalf of The Crown Group, through HUD’s insured program. The […]
Read MoreEagle Property Capital Acquires Three Houston Multifamily Assets Totaling 750 Units | REBusiness Online Miami Group Buys Three Houston Apartment Complexes with “Green” Financing | Realty News Report Since 2015, Berkadia has provided $238 million in financing for the Miami-based investment firm focused on predominantly Hispanic communities HOUSTON (March 12, 2019) – Berkadia has arranged […]
Read MoreATLANTA & CHARLESTON, S.C. – March 12, 2019 – Berkadia announced today the $30 million sale of The Lofts of Greenville, a 194-unit garden-style multifamily property in Greenville, South Carolina. Managing Director Mark Boyce and Associate Director Blake Coffey of Berkadia’s Carolinas office, along with Director Jeremiah Jarmin of Berkadia’s Atlanta office, completed the sale […]
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