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January 8, 2021

Berkadia Secures Financing for 498-Unit Multifamily Property in Kansas

LOUIS – January 8, 2021 – Berkadia today announced the financing secured for Rosehill Pointe, a garden-style multifamily property in Lenexa, Kansas. Associate Director Pat Garlich of Berkadia’s St. Louis office secured the permanent refinancing on behalf of the borrower, Missouri-based Maxus Properties. The deal closed on December 10, 2020. The 10-year Freddie Mac loan […]

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HUD
January 8, 2021

Berkadia Secures Over $75 Million in Combined Financing for Valleytree Partners on Three Multifamily Properties in Michigan

DETROIT – January 8, 2021 – Berkadia today announced the $75.13 million in combined financing secured for Dearborn View, Bedford Square and Delta Square Apartments, three garden-style multifamily properties in Michigan. Director Aaron Moll of Berkadia’s Detroit office secured these loans on behalf of Valleytree Partners. “It has been great working with Valleytree,” said Moll. […]

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Florida economy COVID-19 pandemic
January 8, 2021

Berkadia Completes Over $37 Million Sale of Multifamily Property in Washington

SEATTLE and ATLANTA – January 8, 2021 – Berkadia today announced the $37.75 million sale of The Woodlands, a 100-unit garden-style multifamily property in Snoqualmie, Washington. Senior Directors Ben Johnson and David Sorensen and Senior Managing Director Kenny Dudunakis of Berkadia’s Seattle office, along with Director Matthew White of Berkadia’s Atlanta office, together completed the […]

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Ryan Epstein Recommends Putting People First During COVID-10=9
January 8, 2021

Berkadia Completes $49 Million Sale for Multifamily Property in Atlanta

ATLANTA — January 8, 2021 — Berkadia announced today the sale of Legacy Apartment Homes, a 700-unit garden-style multifamily property in Atlanta, Georgia. Senior Managing Directors Paul Vetter and Andrew Mays, Senior Director Judy MacManus and Director Matt White of Berkadia’s Atlanta office completed the sale on behalf of Atlanta-based DRI Legacy, LLC. The deal […]

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Hotels & Hospitality
January 8, 2021

Berkadia Completes $16 Million Sale of Multifamily Property in Georgia

ATLANTA – January 8, 2021 – Berkadia announced today the sale of  Vinings Apartments, a 106-unit garden-style multifamily property located in Smyrna, Georgia. Director Matt White along with Senior Managing Directors Andrew Mays and Paul Vetter and Senior Director Judy MacManus, all of Berkadia’s Atlanta office, together completed the $16 million sale on behalf of […]

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January 7, 2021

Berkadia Arranges Sale of 299-unit Multifamily Community in Baton Rouge, Louisana

Baton Rouge, La. (Jan. 6, 2021) – Berkadia announces it has arranged the sale of Citiscape at Essen, a 299-unit multifamily asset in Baton Rouge, Louisiana. Senior Managing Director Ryan Epstein of Berkadia’s Houston office along with Managing Director Gregg Cordaro of Berkadia’s Baton Rouge office, listed the property on behalf of the seller, Ojala […]

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Florida Multifamily Market Holding Steady
January 7, 2021

Berkadia Completes $33.5 Million Sale for Hotel Portfolio in Washington, D.C.

WASHINGTON, D.C. — January 7, 2021 — Berkadia today announced the sale of Georgetown Suites, a hotel portfolio totaling 223 rooms in Washington, D.C. Managing Directors Dan Hawkins and Kyle Stevenson and Associate Director John Kluh of Berkadia’s Hotels & Hospitality group completed the sale on behalf of Maryland-based Georgetown Mews Associates, LP and 29th […]

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January 4, 2021

Berkadia Secures $41.37 Million Loan for GMF Capital’s Acquisition of Apartments in Historic Tampa Neighborhood

Tampa, Fla. (January 4, 2020) – Berkadia announces it has arranged a loan for the acquisition of Bainbridge Ybor City, a 240-unit luxury apartment community in the Ybor City National Landmark Historic District of Tampa, Fla.  Senior Managing Director Mitch Sinberg and Associate Director Matthew Robbins of Berkadia’s South Florida mortgage banking team secured a […]

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HUD multifamily
December 24, 2020

Berkadia Arranges $62 Million Sale of Class AA Luxury Apartments in Orlando

The Blake, located in Winter Springs Town Center, was built in 2019 ORLANDO (Dec. 23, 2020) – Berkadia announces it has arranged the sale of The Blake, a 281-unit, Class AA apartment community built in 2019 in the prestigious Winter Springs submarket of Orlando, Fla. Managing Directors Matt Wilcox and Brett Moss, Senior Managing Director […]

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Florida Multifamily Market Holding Steady
December 23, 2020

Berkadia Completes $90 Million Sale and Secures $56 Million in Financing for Multifamily Property in Phoenix

PHOENIX – December 23, 2020 – Berkadia today announced the sale of and financing secured for Alanza Place, a 360-unit multifamily property comprised of a combination of four-story-podium and attached-garage luxury townhomes in Phoenix. Senior Managing Directors Mark Forrester and Ric Holway, Senior Director Dan Cheyne and Director Andrew Curtis of Berkadia’s Phoenix office completed […]

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