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February 27, 2020

Berkadia Completes Sale of 171-Unit Multifamily Property in Montana

DENVER – February 27, 2020 – Berkadia today announced the sale of Brooklyn West, a garden-style multifamily property in Missoula, Montana. Senior Director Nick Steele and Associate Director Tyler King of Berkadia’s Denver office completed the sale on behalf of the seller, Montana-based KJA Development. “Brooklyn West was a well-thought-out new build asset in Missoula’s […]

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February 26, 2020

Berkadia Provides $53 Million in Financing to Multifamily Property in Maryland

WASHINGTON D.C. – February 26, 2020 – Berkadia announced today the $53 million in financing provided to Monument Village at College Park, a Class-A multifamily property in College Park, Maryland. Managing Director Laura Smith of Berkadia’s D.C. Metro office secured the bridge loan on behalf of the borrower, Maryland-based Foulger-Pratt. The deal closed on February […]

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February 26, 2020

Berkadia Completes Largest Multifamily Portfolio Sale in the State of Indiana

CHICAGO — February 24, 2020 — Berkadia today announced the sale and financing of H7 Portfolio, the largest multifamily sale in the state of Indiana to-date and in the Midwest in 2019 by unit-count. Hampshire Properties, out of Brooklyn, New York, was the seller of the seven-property portfolio that totaled 1,842 units, located in Indianapolis […]

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February 25, 2020

Berkadia Arranges $62.5 Million Sale of Garden Apartments Near Clearwater, Florida

Tampa, Fla. (February 25, 2020) – Berkadia announces it has arranged the sale of Dunedin Commons, a 280-unit garden-style apartment community located in Dunedin, Florida, approximately five miles north of Clearwater. Managing Director Jason Stanton of Berkadia’s Tampa office, Senior Managing Director Cole Whitaker and Senior Director Marc Sumner of Berkadia’s Orlando office arranged the […]

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February 25, 2020

Berkadia Arranges Refinance Loan for Class A Medical Office Development in Houston

HOUSTON (Feb. 25, 2020) – Berkadia announces it has arranged a long term refinance loan for Parc Binz, a Class A medical office building located in Houston’s Museum District. Senior Managing Director Cutt Ableson of Berkadia’s Houston office secured the loan on behalf of Balcor Commercial, a commercial real estate services provider based in Houston. […]

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February 21, 2020

Berkadia Completes $38 Million Sale of Multifamily Property in Georgia

ATLANTA – February 21, 2020 – Berkadia today announced the sale of Legacy Riverdale, a 615-unit garden-style multifamily property in Riverdale, Georgia. Senior Managing Directors Paul Vetter and Andrew Mays, Senior Director Judy MacManus and Director Matthew White of Berkadia’s Atlanta office completed the $38 million sale on behalf of the seller, Atlanta-based DRI Legacy […]

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February 19, 2020

Berkadia Secures $39 Million in Financing for Multifamily Property in Phoenix

DENVER and WASHINGTON D.C.– February 19, 2020 – Berkadia today announced $39 million in secured financing for Tides on Thunderbird, a garden-style multifamily property in Phoenix, Arizona. Jonathan Pratt and Rossana Bouchaya of Berkadia’s D.C. Metro office along with Chris Ellis of Berkadia’s Denver office together secured the acquisition financing on behalf of Utah-based NorthRock […]

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February 18, 2020

Berkadia Secures Financing for Multifamily Property in Houston

AUSTIN, Texas – February 14, 2020 – Berkadia today announced the financing secured for Oak Grove Apartments, a 272-unit garden-style multifamily property in Houston, Texas. Managing Director Andy Hill and Associate Director Tyler Nowlin of Berkadia’s Austin, Texas office secured the bridge loan through Voya Investment Management on behalf of Western Wealth Capital. The deal […]

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February 18, 2020

Berkadia Arranges Sale of 152-unit Multifamily Community in South Texas Town of Uvalde

Uvalde, Texas (Feb. 10, 2020) – Berkadia announces it has arranged the sale of Brownstone Uvalde, a 152-unit multifamily community in Uvalde, Texas. Managing Director Mike Miller, Senior Director Will Caruth and Director Cody Courtney of Berkadia’s San Antonio office secured the sale on behalf of Interurban Companies, a real estate investment and management firm […]

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