Newsroom

January 9, 2018

Berkadia Secures Nearly $52 Million in Financing for Construction of New Multifamily Property in Virginia

RICHMOND, Va. – January 3, 2018 – Berkadia today announced the recent financing of Allure at Jefferson, a multifamily community to be constructed in Fredericksburg, Virginia. Senior Managing Director David Blake and Senior Director Stephen Murden of the Richmond, Virginia office originated the $52 million construction loan through Berkadia’s HUD program. The borrower was The […]

Read More
January 9, 2018

Berkadia Increases Housing and Urban Development Underwriting Team Nearly 50 Percent, Anticipates Increased Activity in 2018

BOSTON, MA – January 8, 2018 – Berkadia today announced that it added 19 members to its Housing and Urban Development (HUD) underwriting team in 2017, increasing its overall HUD underwriting team size by 50 percent and underscoring its commitment to HUD financing. During HUD’s 2017 fiscal year, the team arranged more than $2.15 billion […]

Read More
January 8, 2018

Berkadia Arranges $40 Million Refinance of Garden Style New Milford Apartments

Berkadia Secures $40M Refi for NJ Community | Multi-Housing News  Investment Manager Provides $40M Loan to Brookchester Apartments | Connect Commercial Real Estate News  Berkadia Arranges $40 Million Refinance of Garden Style New Milford Apartments | GlobeSt.  Berkadia Arranges $40 Million Refinance Loan for 752-Unit Garden Style Apartment Community | Multifamily Biz  Berkadia Arranges $40 […]

Read More
January 8, 2018

Berkadia Completes $39.6 Million in Sales for Two Multifamily Properties in Georgia

ATLANTA – January 8, 2018 – Berkadia today announced that the Atlanta team recently completed $39.6 million in combined sales for two properties in Georgia. Managing Director Paul Vetter and Senior Director John McCalla of Berkadia’s Atlanta office secured both deals on behalf of the seller, Asia Capital Real Estate Partners, based in New York. […]

Read More
January 3, 2018

Berkadia Secures Over $72 Million for Multifamily Property in California

LOS ANGELES – January 3, 2018 – Berkadia today announced it secured $72.19 million in financing for The Retreat Apartment Homes, a multifamily property in Walnut Creek, California. Managing Director Allan Freedman of Berkadia’s Los Angeles office secured the permanent refinancing through Freddie Mac on behalf of The Ezralow Company and Capital Valley Investments. The […]

Read More
December 21, 2017

Berkadia Completes Sale of Southern California Property for Over $117 Million

SAN DIEGO – December 21, 2017 – Berkadia today announced the $117.5 million sale of Waterleaf Apartments, a garden-style multifamily property in Vista, California. Managing Directors Ed Rosen and John Chu and Directors Kyle Pinkalla and Erin Dammen of the San Diego office completed the sale on behalf of the sellers, New York-based Investcorp International […]

Read More
December 20, 2017

Berkadia Completes $34 Million Sale of Multifamily Property Outside of San Diego

SAN DIEGO – December 21, 2017 – Berkadia announced the $34.25 million sale of Alta Vista Apartments, a 102-unit garden-style multifamily property in Escondido, California. Managing Directors Ed Rosen and John Chu and Directors Kyle Pinkalla and Erin Dammen of Berkadia’s San Diego team represented the seller, Irvine, California-based Sares Regis Multifamily Fund, L.P. The […]

Read More