Industry Influencers: Berkadia Ranks Top Five in Loan Servicing, Closes Record-Breaking Deal

March 10, 2020

With stock markets down and coronavirus concerns on the rise, there’s a growing sense of volatility permeating through the real estate market. That said, there is still considerable amounts of capital available to be invested in the right deals. What’s important for investors going forward is to leverage every tool at their disposal, including the sound advice of trusted, experienced advisors, to turn volatility into opportunity.

This month’s Industry Influencers highlights Berkadia’s successes in the month of February, including shoutouts to advisors Tom Burns, Jay Gunn, Taylor Hill, Will Jarnagin, and Michael Ware. These five were recently recognized in D CEO’s survey of over 80 firms operating in North Texas that asked them to identify their top producers.

Berkadia Closes Massive Record-Setting Deal in Indiana

Berkadia is a top five loan servicing company also specializing in investment sales.
The H7 Portfolio was made up of properties in Indianapolis, Fort Wayne, and Hendricks County.

Berkadia Director Chris Bruzas, Associate Director Connor Boyer, and Senior Managing Director Alex Blagojevich recently secured the sale of the H7 portfolio, comprised of seven properties and 1,842 units.

Not only did the sale set a record for the largest multifamily deal ever closed in the state of Indiana, it also was a strong indicator of surging confidence in up-and-coming Midwest multifamily markets.

“We saw some of the largest investors in the country looking at Indiana for the first time due to the pricing and scale of the portfolio,” said Bruzas. “The age, locations and upside demonstrate what the market is looking for today. We were able to parlay all of those rare opportunities in the seller’s favor.”

Berkadia was also involved in partially financing the sale as well. Senior Managing Director Richard Levine and Managing Director Robert Lipson were instrumental in securing the financing for two of the seven properties.

Berkadia Serviced $280 Billion in Loans Last Year, 4th Overall

The MBA ranks Berkadia among the nation's top five loan servicing companies.
The Mortgage Bankers Association is headquartered in our nation’s capitol.

According to the Mortgage Bankers Association’s year end survey, Berkadia ranked among the top 5 firms servicing mortgage loans in 2019. At approximately $280 billion in loans serviced in 2019, Berkadia ranked 4th overall. This annual performance outpaced also makes Berkadia the largest non-bank servicer of commercial loans in the industry.

Berkadia led all other companies in terms of servicing loans for commercial banks and savings institutions in 2019 and ranked among the top three firms servicing loans for FHA and Ginnie Mae. These strong results reflect the trust and confidence placed in Berkadia’s loan servicing expertise by our clients throughout 2019.

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