Newsroom

September 30, 2019

Berkadia Announces Addition of Riverside Capital’s Tax Credit Syndication and Advisory Platform to Berkadia Brand

NEW YORK – OCTOBER 1, 2019 – Berkadia announced today it has expanded its affordable housing capabilities with the addition of a tax credit syndication and advisory platform. This team of specialized experts comes from Riverside Capital, in which Berkadia invested in 2018. The integration will offer clients access to the already robust Berkadia Affordable […]

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September 30, 2019

Berkadia Secures $13.6 Million Loan for Value-Add Apartment Acquisition in Naples, Florida

Naples, Fla. (September 26, 2019) – Berkadia announces it has arranged a $13.6 million loan for the acquisition of Eldorado, a 120-unit garden-style apartment community located in Naples, Fla. Senior Managing Director Charles Foschini and Managing Director Chris Apone of Berkadia’s Miami office arranged the loan on behalf of the sponsor, KHP Eldorado Acquisitions LLC. […]

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September 20, 2019

Berkadia Completes $36 Million Sale of Las Vegas Multifamily Property

LAS VEGAS — September 20, 2019 — Berkadia today announced the $36 million sale of Alpine Village, a garden-style multifamily property in Las Vegas. Managing Director Brian Anderson and Associate Director Jared Glover of Berkadia’s Las Vegas office completed the sale on behalf of a California-based private investor. The buyer was California-based Element Property Company, […]

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September 19, 2019

Berkadia Secures $108.7 Million Loan for Acquisition of Mixed-Income Community in Los Angeles County

Afton Properties acquired the 800-unit Sunset Ridge Apartments in Lancaster LOS ANGELES (Sept. 19, 2019) – Berkadia announces it has secured financing for Afton Property’s acquisition of Sunset Ridge Apartments, an 800-unit mixed-income garden-style community in Lancaster, California. Berkadia originated, and Freddie Mac purchased, a $108.7 million 15-year, fixed rate loan, with eight years interest […]

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September 19, 2019

Berkadia Completes Sales of Two Multifamily Properties in Washington

SEATTLE — September 19, 2019 — Berkadia today announced the sales of Huntington Park and The Orion, two multifamily properties in Washington. Senior Managing Director Kenny Dudunakis and Senior Directors David Sorensen and Ben Johnson of Berkadia’s Seattle office completed the sales on behalf of their respective sellers, and both deals closed on September 10. […]

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September 19, 2019

Berkadia Seniors Housing and Healthcare Group Secure $76.8 Million in Financing for Skilled Nursing Facility Portfolio

NEW YORK, N.Y. – September 19, 2018 – Berkadia’s Seniors Housing & Healthcare Group announced the closing of $76.8 million in acquisition financing for nine skilled nursing facilities located in Florida, Maryland, Michigan, Tennessee and Virginia. The portfolio contains a total of 1,167 operating beds with an average occupancy rate of 85.8 percent. Managing Director […]

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September 18, 2019

Berkadia Arranges Sale and Financing of Panama City Beach Apartment Community

Panama City, Fla. (September 18, 2019) – Berkadia announces it has arranged the sale and financing of Vantage at Panama City Beach, a new 288-unit garden-style community located in Panama City Beach, Florida. Senior Director David Etchison of Berkadia’s Birmingham, Alabama office represented the seller. Senior Managing Director Mitch Sinberg and Associate Director Matthew Robbins […]

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September 18, 2019

Berkadia Arranges Sale of 208-unit Multifamily Asset in Northwest San Antonio

SAN ANTONIO (Sept. 18, 2019) – Berkadia announces it has arranged the sale of Villas de Santa Fe, a 208-unit multifamily community in San Antonio. Berkadia Managing Director Mike Miller, Senior Director Will Caruth, Director Chris Ross and Associate Director Cody Courtney arranged the sale on behalf of Comunidad Realty Partners, a real estate investment […]

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September 16, 2019

Berkadia Scores $16 Million Refinancing for Office Park Near Miami International Airport

MIAMI (September 16, 2019) – Berkadia announces it has arranged the $16 million recapitalization of Corporate Park of Doral, an 185,000-square-foot, award-winning office park located in Doral, Florida. Senior Managing Director Charles Foschini and Managing Director Chris Apone of Berkadia’s Miami office arranged the loan on behalf of Corporate Park of Miami, LLC. Starwood Mortgage […]

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September 16, 2019

Berkadia Adds Top Debt Producer to Orlando Team

Rebecca Van Reken joins the firm as Managing Director ORLANDO (September 16, 2019) – Berkadia announced today that it has hired Rebecca Van Reken as Managing Director. Van Reken specializes in debt and equity placement for commercial real estate transactions across all asset types. She will be based in Berkadia’s Orlando office, where she will […]

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