Newsroom

October 30, 2019

Berkadia Hotels & Hospitality Team Adds New Talent to Growing Florida Presence

TAMPA, FL – October 30, 2019 – Berkadia today announced the addition of Managing Director Preston Reid to its Hotels & Hospitality group. Reid will be based in the Tampa office and will focus on investment sales opportunities throughout the Southeast. “We couldn’t be happier to have Preston on board. He is a natural fit […]

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October 30, 2019

Berkadia Completes Sale of Multifamily Property in Kansas City, Missouri

CHICAGO and KANSAS CITY, Mo. – October 31, 2019 – Berkadia announced today the sale of The Kings, a 408-unit garden-style multifamily property in Kansas City, Missouri. Senior Managing Director Alex Blagojevich of Berkadia’s Chicago office, along with Senior Director Michael Sullivan and Director Brett Meinzer of Berkadia’s Kansas City, Missouri office completed the sale. […]

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October 30, 2019

Berkadia Completes Sale of Two Multifamily Properties in Utah

SALT LAKE CITY – October 30, 2019 – Berkadia today announced the sale of The Gate at Canyon Ridge and Nexus on 9th, two garden-style multifamily properties in Utah. The Nexus on 9th sale, specifically, represented the highest price-per-unit for any apartment complex in Utah. Managing Director Greg Barratt of Berkadia’s Salt Lake City office […]

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October 30, 2019

Berkadia Secures Over $67 Million in Financing for Multifamily Property in Cleveland

CLEVELAND – October 30, 2019 – Berkadia announced today the $67.56 million in secured financing for Centric Apartments, a multifamily property with over 28,000 square feet of commercial space in the University Circle neighborhood of Cleveland, Ohio. Director Dan Geuther of Berkadia’s Cleveland office secured the permanent refinancing through Freddie Mac on behalf of Ohio-based […]

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October 29, 2019

Berkadia Secures Nearly $43 Million in Financing for Apartments in Virginia

RICHMOND, Va. – October 29, 2019 – Berkadia today announced the financing secured for four of the phases of Foxridge Apartments, a multifamily property in Blacksburg, Virginia. Senior Managing Director David Blake and Senior Director Steve Murden of Berkadia’s Richmond, Virginia office originated a cumulative total of $42.87 million in loans through HUD. The borrower […]

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October 29, 2019

Berkadia Arranges $47 Million Sale of Broward County Apartments

MIAMI (Oct. 28, 2019) – Berkadia announces it has arranged the sale of 72 West, a 291-unit, Class B multifamily community located in Tamarac, Florida. Managing Directors Roberto Pesant and Jaret Turkell of Berkadia’s Miami office, and Director Yoav Yuhjtman of Berkadia’s Boca Raton office, arranged the sale on behalf a New York-based investment group. […]

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October 18, 2019

Berkadia Completes Over $39 Million in Combined Sales of Two Multifamily Properties in Alabama

DENVER and BIRMINGHAM, Ala. – October 15, 2019 – Berkadia announced today the $39.45 million in combined sales for two garden-style multifamily properties in 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 both sales on behalf of their […]

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October 18, 2019

Berkadia Completes Sale and Secures Financing for Iowa Multifamily Portfolio

CHICAGO, DETROIT and KANSAS CITY, Mo. — October 18, 2019 — Berkadia today announced the combined sale of a portfolio of four multifamily properties located in Davenport, Iowa. Director Parker Stewart and Senior Managing Director Alex Blagojevich of Berkadia’s Chicago office, along with Senior Director Michael Sullivan of Berkadia’s Kansas City office, together completed the […]

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October 18, 2019

Berkadia Completes $28 Million Sale and Secures Financing for Multifamily Property in South Carolina

CHARLESTON, S.C. and ATLANTA – October 18, 2019 – Berkadia today announced the $28.1 million sale of Planters Crossing, a 256-unit garden-style multifamily property in North Charleston, South Carolina. Managing Director Mark Boyce and Associate Director Blake Coffey of Berkadia’s Charleston office completed the $110,000 per-unit sale on behalf of the South Carolina-based seller, and […]

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October 18, 2019

Berkadia Secures Sale of 387-unit Class A Multifamily Community in Houston

HOUSTON (Oct. 17, 2019) – Berkadia announces it has arranged the sale of The Everly, a 387-unit Class A multifamily community in Houston. Senior Managing Director Ryan Epstein, Director Jennifer Ray and Associate Director Scott Bray of Berkadia’s Houston office represented seller Embrey Partners, Ltd., a San Antonio-based diversified real estate, investment, development, construction and […]

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