Newsroom

April 6, 2021

Berkadia Completes Nearly $40 Million Sale of Multifamily Portfolio in Virginia

WASHINGTON, D.C., and RICHMOND, Va. — April 7, 2021 — Berkadia announced today the sale of The New Downtown Portfolio, consisting of two iconic assets in Norfolk, Virginia, the Rockefeller and the Loraine. Senior Managing Director Drew White of Berkadia’s Washington, D.C. office and Director Carter Wood of Berkadia’s Richmond, Virginia office completed the $38.9 […]

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April 5, 2021

Berkadia Completes $75 Million Sale of Multifamily Property in Georgia

ATLANTA — April 2, 2021 — Berkadia announced today the sale of East Ponce Village, formerly known as 13Ten, a 977-unit garden-style multifamily property in Tucker, Georgia. Senior Director Judy MacManus, Director Matt White and Senior Managing Directors Paul Vetter and Andrew Mays of Berkadia’s Atlanta office completed the $75 million sale on behalf of […]

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Milwaukee
April 1, 2021

Berkadia Completes Sale and Secures Financing for Multifamily Property in Georgia

ATLANTA and DENVER – April 1, 2021 – Berkadia announced today the sale of and financing secured for Lexington on the Green, a 216-unit garden-style multifamily property located in Lithonia, Georgia. Senior Managing Directors Andrew Mays and Paul Vetter, Director Matt White and Senior Director Judy MacManus of Berkadia’s Atlanta office completed the sale on […]

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student housing
April 1, 2021

Berkadia Arranges Sale and Financing of Class AA Multifamily Community Near Orlando

Orlando, Fla. (March 30, 2021) – Berkadia announces it has arranged the $57.75 million sale and $41.75 million financing of Verso Luxury Apartments, a 250-unit community located southwest of Orlando in Davenport, Florida. Managing Directors Matt Wilcox and Brett Moss, along with Associate Tyler Swidler of Berkadia’s Orlando office, arranged the sale on behalf of […]

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April 1, 2021

Berkadia Completes $14.6 Million Sale and Secures $9.229 Million in Financing for Multifamily Property in Engelwood, Colorado

ENGLEWOOD, CO – April 1, 2021 – Berkadia announced today the sale and financing of Iron Works Village, a garden-style multifamily property in Englewood, Colorado. Senior Director Nick Steele and Director Tyler King of Berkadia’s Denver office led the $14.6 million sale on behalf of the seller, Denver-based Blvdway Communities. Managing Directors Brian Huff and […]

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March 26, 2021

Berkadia Secures $18 Million in Financing for Multifamily Property in Michigan

DETROIT – March 25, 2021 – Berkadia today announced the financing secured for Maple Village Apartments, a 240-unit garden-style multifamily property in Southgate, Michigan. Senior Managing Director Colin Callaghan, along with Managing Directors David Sibbold and Terry Halverson of Berkadia’s Detroit office secured the $18.1 million in HUD financing for the property on behalf of […]

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senior housing
March 24, 2021

Berkadia Completes Over $43 Million Sale of Three Multifamily Properties in Illinois

CHICAGO – March 24, 2021 – Berkadia today announced the $43.2 million in combined sales of three multifamily properties, including Wing Park Apartments, Parkside Apartments and Stone Ridge Square. Managing Director Ralph DePasquale of Berkadia’s Chicago office led the sales team on behalf of their respective sellers. “The sale of these assets demonstrates continued strong […]

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HUD
March 23, 2021

Berkadia Completes $29.2 Million Sale of Multifamily Property in Orlando

ORLANDO, Fla. – March 23, 2021 – Berkadia announced today the sale of The Mark at SoDo, a 258-unit garden-style multifamily property located in Orlando, Florida. Senior Managing Director Cole Whitaker, Director Mary Beale and Associate Director Lauren Gassie of Berkadia’s Orlando office completed the $29.2 million sale. The Mark at SoDo was sold by […]

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March 23, 2021

Berkadia Arranges $48 Million Sale and Financing of Virginia Affordable Housing Portfolio Acquired by Blackfin Real Estate Partners, LLC and GMF Capital

Norfolk, Va. (March 23, 2021) – Berkadia announces it has arranged the sale and financing of a three-property, 452-unit portfolio of affordable multifamily properties located in the suburbs of Richmond and Norfolk, Virginia. The three properties – Oaks of Dunlop Farms in Colonial Heights (144 units), Independence Square (152 units) and Crescent Place (156 units), […]

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March 22, 2021

Berkadia Secures Over $18 Million in Financing for Multifamily Property in Michigan

DETROIT – March 22, 2021 – Berkadia today announced the financing secured for The Glens at Rolling Ridge, a garden-style multifamily property in Howell, Michigan. Senior Managing Director Colin Callaghan of Berkadia’s Detroit office secured the $18.7 million in HUD financing for the property on behalf of the borrower, an undisclosed entity. The deal closed […]

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