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October 9, 2019

Berkadia Completes $20 Million Sale of Multifamily Property in Alabama

BIRMINGHAM, Ala. – October 4, 2019 – Berkadia announced today the sale of The Park at Sunderland, a 268-unit, Class B, garden-style multifamily property in Birmingham, Alabama. Senior Managing Director David Oakley, Senior Director David Wilson and Associate Directors Caleb Frizzell and Jay Briley, all of Berkadia’s Birmingham, Alabama office, completed the $20.1 million sale […]

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October 9, 2019

Berkadia Secures Loan for Acquisition of San Antonio Mixed-Use Development

SAN ANTONIO (Oct. 9, 2019) – Berkadia announces it has arranged acquisition financing for The Vistana, a 17 story mixed-use community with 247 residential units and over 30,000 square feet of retail space in San Antonio, Texas. Senior Director Brad Williamson of Berkadia’s Miami office secured the loan on behalf of a joint venture between […]

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October 9, 2019

Berkadia Arranges the Sale and Financing of 276-unit Multifamily Community in Houston

HOUSTON (Oct. 7, 2019) – Berkadia announces it has arranged the sale and financing of Lakes of 610, a 276-unit multifamily community in Houston. Director Jennifer Ray and Senior Managing Director Ryan Epstein of Berkadia’s Houston office represented the seller, Starwood Capital Group, in the transaction. Managing Director Andy Hill of Berkadia’s Austin office secured […]

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October 9, 2019

Berkadia Completes $21 Million Sale and Secures $13 Million in Financing for Multifamily Property Near Phoenix

PHOENIX – October 7, 2019 – Berkadia today announced the $21 million sale of Tides on Broadway, a 155-unit garden-style multifamily property in Mesa, Arizona. Senior Managing Directors Ric Holway and Mark Forrester and Senior Director Dan Cheyne of Berkadia’s Phoenix office secured the sale on behalf of the seller, Los Angeles-based Tides Equities LLC. […]

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October 9, 2019

Berkadia Completes $28 Million Sale of Multifamily Property in Arizona

PHOENIX – October 9, 2019 – Berkadia today announced the $28.2 million sale of The Rev, a 172-unit garden-style multifamily property in Tempe, Arizona. Senior Managing Directors Mark Forrester and Ric Holway and Senior Director Dan Cheyne of Berkadia’s Phoenix office secured the sale on behalf of the seller, Colorado-based Baron Properties. The buyer was […]

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October 3, 2019

Berkadia Completes Sale of Multifamily Property in Austin, Texas

AUSTIN, Texas – October 2, 2019 – Berkadia announced today the sale of Agave Falls, a 325-unit garden-style community in Austin, Texas. Managing Director Kelly Witherspoon and Directors Michael Gonzalez and Justin Cole of Berkadia’s Austin, Texas office completed the sale on behalf of the seller, Florida-based InvestRes. The property was sold to an undisclosed […]

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October 3, 2019

Berkadia Secures $36 Million Loan for Acquisition of New Class A South Florida Apartments

Pembroke Pines, Fla. (Oct. 3, 2019) – Berkadia announces it has secured $36.14 million in acquisition financing for Ventura Pointe, a newly built 206-unit multifamily community located in Pembroke Pines, Florida. Senior Managing Director Charles Foschini and Managing Director Christopher Apone arranged the loan on behalf of the buyer, Ventura Pointe Apartments, LLC. MetLife originated […]

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October 3, 2019

Berkadia Secures $22.8M Refinancing of Orlando Apartments

Orlando, Fla. (October 3, 2019) – Berkadia announces it has secured a $22.8 million loan for the recapitalization of Avery Place Villas, a 172-unit garden-style apartment community located in Orlando, Florida. Senior Managing Director Charles Foschini and Managing Director Chris Apone of Berkadia’s Miami, Florida office, along with Senior Managing Director John Reed and Vice […]

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October 1, 2019

Berkadia Secures Nearly $17 Million in Financing for Multifamily Property in Alabama

ATLANTA – September 30, 2019 – Berkadia announced today the $16.98 million financing for Magnolia Preserve, a mid-rise multifamily property in Dothan, Alabama. Director Josh Finley of Berkadia’s Atlanta office secured the permanent refinancing on behalf of Georgia-based Henssler Capital. The deal closed on September 27. The 10-year Fannie Mae loan features a 3.76 percent […]

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October 1, 2019

Berkadia Completes Sale and Secures Financing for Class-A Wisconsin Multifamily Portfolio

CHICAGO and SAN FRANCISCO – October 1, 2019 – Berkadia announced today the sale of a portfolio of two multifamily properties totaling 364 units in suburban Madison, Wisconsin. Managing Director Ralph DePasquale, Director Parker Stewart and Senior Managing Director Alex Blagojevich of Berkadia’s Chicago office completed the sale on behalf of the seller, Wisconsin-based Cascade […]

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