New York, New York – June 2, 2025 – Berkadia, a distinguished leader in the commercial real estate sector, is proud to announce that its Affordable Housing platform has closed $1.2 billion in financing across 82 transactions during the first five months of the year. 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 2024, Berkadia’s partnership with capital providers and suite of unique product offerings has been vital to achieving this milestone.
“We are proud to have built such strong momentum thus far, especially in today’s volatile market,” said Executive Vice President – Head of Affordable Housing David Leopold. “In the current landscape, investors are increasingly prioritizing stability and long-term value, and affordable housing has consistently proven to be a stable sector. This, coupled with the growing need for affordable housing across the country, has enabled us to capitalize on opportunities and achieve this remarkable milestone.”
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 25 states. Key transactions include:
- Belmont Dairy Apartments | Portland, OR | 85 Units
- Quiet Waters | Belle Glade, FL | 93 Units
- Rio De Vida | Mission, TX | 208 Units
- Samuel Madden Homes | Alexandria, VA | 207 Units
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.
For more information about Berkadia Affordable Housing and its services, please visit Berkadia’s Affordable Housing page.
Berkadia Tops $1 Billion in Affordable Housing Deals in First Half | Affordable Housing Finance