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November 13, 2020

Berkadia Completes $40.5 Million Sale of Multifamily Property in Phoenix

PHOENIX – November 13, 2020 – Berkadia today announced the sale of Dunlap Falls, a 288-unit garden-style multifamily property located in Phoenix. Senior Managing Directors Ric Holway and Mark Forrester and Senior Director Dan Cheyne of Berkadia’s Phoenix office completed the $40.5 million sale on behalf of the seller, California-based Shefflin Properties. The buyer was […]

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November 13, 2020

Berkadia Secures Financing for Acquisition of Rare Mixed-Income Multifamily Property in Naples, Florida

Wild Pines of Naples has 96 market-rate and 104 income-restricted apartments Naples, Fla. (November 13, 2020) – Berkadia announces it has secured a $20.62 million loan for the acquisition Wild Pines of Naples, a 200-unit multifamily property with a mix of market-rate and income-restricted apartments located in the affluent Naples, Florida market. Senior Managing Director […]

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November 13, 2020

Berkadia Secures $50M in Financing for Acquisition of Value-Add Apartments in Orlando

ORLANDO (November 13, 2020) – Berkadia announces it has secured a $49.65 million loan for the acquisition of Montevista at Windermere, a 360-unit apartment community located in Orlando, Florida.  Senior Managing Director Mitch Sinberg and Associate Director Matt Robbins of Berkadia’s Boca Raton office secured the financing on behalf of Taurus Investment Holdings LLC, a […]

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HUD
November 12, 2020

Berkadia Completes $67 Million in Combined Sales of Two Multifamily Properties in the Southeast

CHARLESTON, S.C. – November 12, 2020 – Berkadia announced today the sales of two multifamily properties, Palmetto Creek in North Charleston, South Carolina and Georgetown Woods/Waterford Plantation in Savannah, Georgia. Managing Director Mark Boyce and Director Blake Coffey of Berkadia’s Carolinas office completed both sales on behalf of their respective sellers. “Palmetto Creek and Georgetown […]

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November 11, 2020

Berkadia Adds Six New Members, Including Four Managing Directors, to its Seattle Team

SEATTLE, WA – November 11, 2020 – Berkadia announced today the expansion of its Northwest regional presence with the addition of six members to its robust investment sales and mortgage banking platform in Seattle, Washington. Managing Directors Jay Timpani, Mitchell Belcher, Steven Chattin and Robert Doxsee and Associate Directors Chad Blenz and Michael Manolides all […]

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November 10, 2020

Berkadia Arranges $36M in JV Equity for $114M Acquisition of Multifamily Community in St. Petersburg, Florida

Stoneweg US acquired the 688-unit Trellis at the Lakes Apartments TAMPA (November 10, 2020) – Berkadia today announced that it has secured a joint venture equity partner for Stoneweg US LLC’s acquisition of Trellis at the Lakes Apartments, a 688-unit multifamily community located in St. Petersburg, Fla. Stoneweg US, a St. Petersburg-based real estate firm […]

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Ryan Epstein Recommends Putting People First During COVID-10=9
November 5, 2020

Berkadia Secures Financing for Boutique Apartments in Fort Lauderdale’s Wilton Manors Neighborhood

Fort Lauderdale, Fla. (November 3 , 2020) – Berkadia announces it has secured financing for the acquisition of a portfolio of boutique multifamily properties located in the Wilton Manors section of Fort Lauderdale, Fla. The portfolio consists of six apartment communities built between 1963 and 1973 totaling 94 units. Rental Asset Management acquired the property […]

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November 5, 2020

Berkadia Completes Sale of Multifamily Property in Southern California

MURRIETA, Calif. – November 5, 2020 – Berkadia today announced the sale of The Crossings at Chino Hills, a 346-unit garden-style multifamily property in Chino Hills, California. Senior Director Margie Molloy of Berkadia’s Murrieta, California office completed the sale on behalf of the buyer Irvine, California-based Advanced Real Estate Services. The seller was Utah-based Bridge […]

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November 5, 2020

Berkadia Secures Financing for Multifamily Property in Wichita, Kansas

LOUIS – November 5, 2020 – Berkadia today announced the financing secured for River Vista, a garden-style multifamily property in Wichita, Kansas. Associate Director Pat Garlich of Berkadia’s St. Louis office secured the permanent acquisition financing on behalf of the buyer, Missouri-based Maxus Properties. The deal closed on October 16. “We are pleased to help […]

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November 5, 2020

Berkadia Secures $26 Million in Financing for Multifamily Property in California

LOS ANGELES – November 5, 2020 – Berkadia today announced the $26.3 million in financing secured for Vista Pointe, a garden-style multifamily property located in Murrieta, California. Senior Director Branden McBirney of Berkadia’s Los Angeles office secured the permanent financing for the property on behalf of the California-based borrower, Realty Center Management. The deal closed […]

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