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August 1, 2019

Berkadia Secures Nearly $15.8 Million in Construction Financing for Multifamily Property in Virginia

RICHMOND, Va. – July 31, 2019 – Berkadia today announced the financing for the third phase of Windigrove Apartments, a garden-style multifamily property to be constructed in Waynesboro, Virginia. Director Amy Gay of Berkadia’s Richmond, Virginia office originated the $15.8 million construction-to-permanent loan through HUD. The borrower was Virginia-based Pinnacle Construction & Development Corp., and […]

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August 1, 2019

Berkadia Secures $92.7 Million in Financing for Multifamily Property in Virginia

Foulger-Pratt Lands $93M Refinancing Deal for 600-Unit Woodbridge Property | Bisnow WASHINGTON D.C. – July 31, 2019 – Berkadia today announced $92.7 million in financing for Woodbridge Station, a garden-style multifamily property in Woodbridge, Virginia. Director Jonathan Pratt and Associate Director Rossana Bouchaya of Berkadia’s Washington D.C. office secured the loan on behalf of Foulger-Pratt, […]

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July 30, 2019

Berkadia Completes $40 Million Sale and Secures Nearly $25 Million in Financing for Multifamily Property in Arizona

SEATTLE and TUCSON, Ariz. – July 30, 2019 – Berkadia announced today the sale of and financing for Palm Canyon Apartment Homes, a 368-unit garden-style multifamily property in Tucson, Arizona. Senior Managing Director Art Wadlund and Director Clint Wadlund of Berkadia’s Tucson, Arizona office completed the $40.3 million sale on behalf of the seller, Houston-based […]

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July 30, 2019

Berkadia Arranges $19M Recapitalization for Orlando Fractured Condo Project

Berkadia Arranges $19 Million Recap Financing for Fractured Condo Community in Orlando, Florida | MultifamilyBiz Orlando, Fla. (July 29, 2019) – Berkadia announces it has arranged a $19 million senior loan for the purpose of recapitalizing 174 units at Discovery Palms, a well-located 336-unit fractured condo community (162 units are privately owned) located in Orlando, […]

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July 24, 2019

Berkadia Secures $44 Million in Construction Financing for Soon-to-be-Built Property in Utah

Dealmaker: Berkadia Arranges $44M in Apartment Construction Financing | MBA Newslink Berkadia Announces $44M in Financing for Multifamily Development | Utah Business Development WASHINGTON D.C. – July 18, 2019 – Berkadia today announced $44 million in construction financing for Point of View Apartments, a multifamily development in Draper, Utah. Director Jonathan Pratt and Managing Director […]

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July 23, 2019

Berkadia Completes Combined $28.1 Million in Sales and Secures Financing for Two Multifamily Properties in Georgia

Berkadia Completes Combined $28.1M in Sales and Secures Financing for Two Multifamily Properties in Georgia | CityBizList ATLANTA and HOUSTON – July 22, 2019 – Berkadia recently completed $28.1 million in combined sales and secured financing for Creekstone Apartments and Garden Walk Apartments, two garden-style multifamily properties in Georgia. Managing Directors Andrew Mays and Paul […]

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July 23, 2019

Berkadia Completes Nearly $34 Million in Combined Sales of Two Multifamily Properties Near Atlanta

Berkadia Arranges $33.5M Sale of Multifamily Portfolio in Metro Atlanta | REBusiness Online Asden Properties Acquires Atlanta MF Portfolio for $34M | Connect Commercial Real Estate  ATLANTA – July 22, 2019 – Berkadia announced today the $33.53 million combined sales of Ashford Oaks and Ashford Town and Country, two garden-style multifamily properties in Fulton, Georgia. […]

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July 12, 2019

Berkadia Completes Nearly $34 Million in Combined Sales for Three Multifamily Properties in Virginia

Multifamily Properties Sell in Richmond and Lynchburg | Virginia Business Four Apartment Complexes in South Richmond Sold for More Than $43 Million | Richmond-Times Dispatch NEWPORT NEWS, Va. – July 15, 2019 – Berkadia announced today combined sales of just under $34 million for three multifamily properties in Richmond and Lynchburg, Virginia. Senior Directors Alan […]

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July 12, 2019

Commercial Real Estate Professionals Remain Confident in Industry’s Activity Through the Rest of 2019

The Berkadia Powerhouse Poll: Still Bullish on CRE | REJournals  CRE Professionals Confident in Activity Through Year-End | MBA Newslink Commercial Real Estate Professionals Remain Confident in Industry’s Activity Through the Rest of 2019 | CityBizList Affordable Housing Emerges as Important MF Play | GlobeSt.com Berkadia’s 2019 Mid-Year Powerhouse Poll reveals increased focus on affordable […]

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