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From the Newsroom
December 10, 2018
Berkadia, Jefferies and Riverside Capital Secure Over $12.6 Million in Financing for Multifamily Property in California
BOSTON and RICHMOND, Va. – December 10, 2018 – Berkadia Commercial Mortgage, Jefferies and Riverside Capital announced today the financing of Fairwood Apartments, a garden-style multifamily property in Carmichael, California (Sacramento County). The deal consists of a $12.6 million Tax Exempt Fannie Mae Mortgage Backed (M-TEBS) bond transaction with four percent low-income housing tax credits […]
December 10, 2018
LAS VEGAS – December 10, 2018 – Berkadia announced today the $29.5 million sale of Evergreen Apartments, a 314-unit, garden-style multifamily property in Las Vegas, Nevada. Managing Director Brian Anderson, Senior Director Angela Powers-Armstrong and Associate Director Jared Glover of Berkadia’s Las Vegas office completed the sale on behalf of the seller, California-based The Apartment […]
December 7, 2018
Viera of the Palm Beaches sold for $48.5MM to a New York investor West Palm Beach, Fla. (Dec. 7, 2018) – Berkadia has arranged the $48.5 million sale and $35.8 million financing of Viera of the Palm Beaches, a 300-unit multifamily asset located in West Palm Beach. Senior Director Tal Frydman, Director Yoav Yuhjtman, and […]