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March 16, 2020

Berkadia Secures a Capital Partner for the Michaels Organization’s New $59 Million Luxury Ground-Up Multifamily Project in Austin, Texas

NEW YORK (March 11, 2020) – Berkadia today announced that it has secured a capital partner for The Michaels Organization’s new luxury living rental apartment community in Austin, Texas. The $59 million multifamily development, called Zoey, marks Michaels’ first entrance into the Austin market. Berkadia’s Joint Venture Equity and Structured Capital Group, led by Chinmay […]

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March 12, 2020

Berkadia Seniors Housing & Healthcare Group Secures Over $20 Million in Financing

PHOENIX, AZ – March 12, 2020 – Berkadia’s Seniors Housing & Healthcare group today announced $20.27 million of financing for two separate deals. The first was a series of loan closings totaling $15.25 million for a 7-property nursing home portfolio. The second was a $5.02 million loan for an assisted living facility in Louisiana. “These […]

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March 11, 2020

Berkadia Secures Over $211 Million in Financing for Multifamily Property in Chesnuthill, Massachusetts

SHREWSBURY, N.J. – March 12, 2020 – Berkadia today announced the financing secured for Hancock Village, a townhome community in Chestnut Hill, Massachusetts. Managing Director Robert Lipson of Berkadia’s Shrewsbury, New Jersey office secured the $211.25 million in permanent refinancing for the property on behalf of Chestnut Hill Realty. The deal closed February 28. The […]

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March 11, 2020

Berkadia Hotels Completes Sale for Two New Hotels in California

MORENO VALLEY, CA – March 11, 2020 – Berkadia’s Hotels & Hospitality team completed the sale of two new assets in Moreno Valley, California for an undisclosed price. Senior Director Spencer Scott and Managing Director Kyle Stevenson completed the sale of The Residence Inn by Marriott Riverside Moreno Valley and the sale of the Holiday […]

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March 9, 2020

Berkadia Adds Two New Members to its Affordable Housing Platform

WASHINGTON, D.C. – March 9, 2020 – Berkadia today announced the addition of two new members to its growing Affordable Housing platform, which integrates investment sales, mortgage financing and tax credit syndication. Managing Director Matthew Bissonette will focus on affordable agency lending. Managing Director Susan Moro will serve as Head of Transaction Management on Berkadia’s […]

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March 9, 2020

Berkadia Expands Investment Sales Footprint in Boston, Adding Two New Senior Directors

BOSTON, MA – March 9, 2020 – Berkadia today announced the addition of Senior Directors Jennifer Athas and Matthew Olson to Berkadia’s investment sales team, establishing the organization’s sales presence based in Boston, Massachusetts. Athas and Olson will join Berkadia’s robust mortgage banking team already in place and will report to SVP and Head of […]

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March 9, 2020

Berkadia Adds New Member to its Growing HUD Platform

DENVER, CO – March 9, 2020 – Berkadia today announced the addition of Managing Director Jennifer Quigley to its HUD team. Quigley will be based in Denver, Colorado and will report to Senior Managing Director David Blake. “With over two decades of experience, Jen brings a wealth of knowledge and skill to our HUD team,” […]

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March 9, 2020

Berkadia Secures Over $39 Million in Construction Financing for Multifamily Property Near Salt Lake City

DENVER and WASHINGTON D.C. – March 9, 2020 – Berkadia today announced the financing secured for North Union Apartments, a garden-style multifamily property in Midvale, Utah. Director Jonathan Pratt of Berkadia’s D.C. Metro office and Senior Managing Director Christopher Ellis of Berkadia’s Denver office secured $39.45 million in construction financing for the property on behalf […]

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March 9, 2020

Berkadia Completes Sale of Multifamily Property Near St. Louis

ST. LOUIS – March 9, 2020 – Berkadia announced today the sale of The Villages at Bogey Hills Apartments, a 486-unit garden- and townhome-style multifamily property in St. Charles, Missouri. Senior Director Andrea Kendrick and Managing Director Ken Aston of Berkadia’s St. Louis office completed the sale on behalf of the seller. The buyer was […]

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