Berkadia Arranges Sale and Financing of 270-Unit Multifamily Community in Manassas, Virginia
Manassas, VA – July 9, 2026 – Berkadia, a distinguished leader in the commercial real estate sector, announced today that it has arranged the sale and financing of Masons Keepe, a 270-unit garden-style multifamily community located in Manassas, Virginia.
Senior Managing Director Brian Crivella, Managing Directors Bill Gribbin and Yalda Ghamarian, and Associate Director Jack Canepa of Berkadia DC Metro, along with Senior Managing Director Drew White of Berkadia Richmond, arranged the sale on behalf of University Village Apartments, LLC.
Senior Managing Director Brad Williamson of Berkadia Miami and Senior Managing Director Christopher Ellis of Berkadia Denver secured financing on behalf of the buyer, Bridge Investment Group. Berkadia originated, and Freddie Mac secured, the five-year, fixed-rate loan with a three-year interest-only period, a 35-year amortization schedule, and a 70% loan-to-value ratio.
“The Manassas market continues to attract institutional interest due to its affordability relative to the broader Washington, D.C. metro area, expanding technology employment base, and long-term growth prospects,” said Crivella. “Masons Keepe stands out because of its sizable floorplans, strong occupancy, and the opportunity to create additional value through a thoughtful interior renovation program.”
“The financing process reflected lender confidence in both the property’s fundamentals and the long-term outlook for the Manassas market,” added Williamson. “The combination of a well-maintained asset, strong sponsorship, and favorable market dynamics enabled us to deliver a financing solution that supports the buyer’s business plan.”
Located at 9000 Landings Drive, Masons Keepe was built in 2004 and consists of 17 residential buildings situated within a gated community with an extensive amenity package. The property offers a mix of one- and two-bedroom apartment homes averaging approximately 1,061 square feet, with 78% of apartments offering spacious two-bedroom floorplans – a differentiating feature within the Manassas market.
Masons Keepe is strategically located near Interstate 66 and the Manassas Station Virginia Railway Express (VRE), providing convenient access to employment centers throughout Prince William County and the greater Washington, D.C. metropolitan area. The property is less than 10 minutes from Historic Downtown Manassas and is surrounded by major retail destinations, including Bull Run Plaza and Manassas Mall.
The community is also positioned near several of Northern Virginia’s most significant employment and innovation hubs, including George Mason University’s Innovation Park, Micron Technology’s semiconductor manufacturing facility, and major data center and artificial intelligence infrastructure investments that continue to expand throughout the region.