New York, New York – March 24, 2026 – Berkadia, a distinguished leader in the commercial real estate sector, is proud to announce that its Affordable Housing platform has closed more than $1 billion in financing during Q1 2026. This milestone demonstrates Berkadia’s leadership in the Affordable Housing sector and dedication to delivering capital solutions to clients across the country.
Recognized as the #1 GSE Affordable Housing Lender by Volume in 2025, Berkadia’s partnership with capital providers and suite of unique product offerings has been vital to achieving this milestone.
“We’re proud of the momentum we’ve built this year,” said David Leopold, Executive Vice President – Head of Affordable Housing. “At this time last year, we had closed $587 million in debt financing; this year, we’ve grown that to $1 billion. The need for quality affordable housing across the country has never been greater, and Berkadia is committed to working with our clients to bring critically needed communities to market nationwide.”
Under the leadership of Leopold, the mortgage banking arm has arranged financing for a diverse range of clients, leveraging a variety of capital sources across 16 states. Key transactions include:
- Yaeger Plaza | 135 units | Miami, FL
- 16-Property Texas Section 8 Portfolio | 1,200 units | Multiple Locations, TX
- La Moraga | 275 units | San Jose, CA
- University Station | 216 units | Hollywood, FL
Berkadia Affordable Housing is a fully integrated financial services platform comprised of mortgage banking, investment sales, and tax credit syndication that delivers comprehensive investment solutions to clients across the country and distinguishes itself by pairing deep technical expertise and a wide array of product offerings with the drive and focus necessary to help clients grow their business.