New York, New York – August 5, 2026 – Berkadia, a distinguished leader in the commercial real estate sector, announced today that the FHA/HUD platform completed over $1 billion in financing in the first half of 2026.
The platform’s H1 2026 production includes 33 multifamily transactions totaling $896.1 million, and LEAN healthcare transactions totaling 8 deals worth $128 million.
“HUD’s ever improving turnaround times have been a great credit to the team’s milestone production,” said Berkadia SVP – Head of FHA and Seniors Housing Finance, Steve Ervin. “Our latest multifamily Firm Commitments from HUD offices around the country were processed in less than 30 days. This builds on the significant improvements in application review times under the current HUD leadership.”
Berkadia FHA/HUD recently delivered a highly structured financing solution for a four-asset, multifamily portfolio in Texas, arranging more than $123 million in HUD 223(f) loans, delivering long-term fixed-rate financing, maximizing proceeds, and supporting affordability through tax-exempt structures and housing authority partnerships. The case study exemplifies Berkadia FHA/HUD’s commitment to simplifying the complexities of FHA financing for clients.