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September 14, 2020

Berkadia Secures $25 Million Loan to Recapitalize Tampa Apartments

Westside Capital acquired the Buena Vista apartments in 2018 Tampa, Fla. (Sept. 8, 2020) – Berkadia announced today it has arranged a $25 million  loan for the recapitalization of Buena Vista, a 240-unit garden-style apartment community in the Wellswood neighborhood of Tampa, Florida. Senior Managing Director Charles Foschini and Managing Director Christopher Apone secured the […]

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September 10, 2020

Berkadia Completes Sale of Multifamily Property in Washington

SEATTLE – September 11, 2020 – Berkadia today announced the sale of Notch, a 158-unit garden-style multifamily property in Newcastle, Washington. Senior Managing Director Kenny Dudunakis and Senior Directors David Sorensen and Ben Johnson of Berkadia’s Seattle office completed the sale on behalf of the seller, an undisclosed entity. The buyer was Chicago-based Equity Residential, […]

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September 8, 2020

Berkadia Arranges Sale of Houston Apartments

Scott Plaza was sold to LEDG Capital HOUSTON (September 2, 2020) – Berkadia announces it has arranged the sale of Scott Plaza, a 150-unit apartment community located in Houston, Texas. Associate Director Scott Bray, Senior Managing Director Ryan Epstein and Senior Director Jennifer Ray of Berkadia’s Houston office and Jeremiah Jarmin and Tim Bracken of Berkadia’s […]

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September 3, 2020

Berkadia Secures Over $50 Million in Freddie Mac Financing for 276 Rental Homes Serving Individuals With Intellectual and Developmental Disabilities

LOS ANGELES – September 21, 2020 – Berkadia today announced the $50.9 million in financing secured for a pool of 276 rental homes across 14 states. The homes are owned by an affiliate of CapGrow Partners and are rented to professional healthcare providers that provide housing for individuals with intellectual and developmental disabilities. Managing Director […]

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September 3, 2020

Berkadia Acquires LIHTC Advisors Brokerage, Expands Affordable Housing Presence

NEW YORK – September 3, 2020 – Berkadia announced today the acquisition of LIHTC Advisors, an Idaho-based brokerage firm dedicated to providing full-service solutions for apartment investors and focusing on Low Income Housing Tax Credit (LIHTC) and other affordable housing properties. Leading this team will be Jeff Irish and Brandon Grisham, former principals with LIHTC […]

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September 1, 2020

Berkadia Provides $30 Million Bridge Loan to Fairstead for Multifamily Property in Maryland

COLUMBUS, Ohio – September 1, 2020 – Berkadia today announced the closing of a $30 million bridge loan to Fairstead, a fully-integrated real estate developer committed to affordable housing nationwide. The funding provided will allow Fairstead to refinance Woodside Gardens, a garden-style multifamily property located in Annapolis, Maryland as well as better position the property […]

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August 28, 2020

Berkadia Arranges Sale and Financing of Tampa Apartments

Praxis Capital sold the 232-unit Turtle Creek Apartment Homes for $30.6 million Tampa, Fla. (August 26, 2020) – Berkadia announces it has arranged the sale and financing of Turtle Creek Apartment Homes, a 232-unit garden-style apartment complex located in the community of Lutz, 15 miles north of downtown Tampa, Florida. Managing Director Jason Stanton of […]

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August 28, 2020

Berkadia Completes $33.5 Million Sale of Multifamily Property in Seattle

SEATTLE – August 28, 2020 – Berkadia today announced the sale of Flats at Interbay, a 117-unit garden-style multifamily property in Seattle. Senior Managing Director Kenny Dudunakis and Senior Directors David Sorensen and Ben Johnson of Berkadia’s Seattle office completed the sale on behalf of the seller, an undisclosed entity. The buyer was Seattle-based Rise […]

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August 27, 2020

Berkadia Secures $40.5 Million Loan for Georgia Apartments

A joint venture between Beacon Real Estate Group and Constellation Group acquired the 266-unit 53 West apartments for $53.2 million ATLANTA (August 27, 2020) – Berkadia announces it has helped structure a joint venture and sourced long-term financing for the acquisition of 53 West, a brand new, 266-unit Class A multifamily asset located in Oakwood, […]

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August 26, 2020

Berkadia Completes Nearly $26 Million Sale of Multifamily Property Outside of Atlanta

ATLANTA – August 26, 2020 – Berkadia announced today the sale of Retreat 138, a 180-unit garden-style multifamily property in Stockbridge, Georgia. Senior Managing Directors Paul Vetter and Andrew Mays, Managing Director Russ Hardy, Senior Director Judy MacManus and Director Matthew White of Berkadia’s Atlanta office completed the $25.6 million sale on behalf of the […]

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