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From the Newsroom
January 18, 2024
Belmont Hills, Richmond, VA | Sold and Financed by Berkadia 2024
Berkadia Completes Sale and Secures Both Financing and Joint Venture Equity for 651-Unit Multifamily Property in Virginia Transaction represents the largest multifamily sale in the Richmond market in 2023 RICHMOND, Va., NORFOLK, Va. and WASHINGTON, D.C. — January 18, 2024 — Berkadia announced today the sale, financing, and equity capitalization of Belmont Hills, a 651-unit garden-style multifamily property located in…
January 17, 2024
Home2 Suites Charlotte Uptown, Charlotte, NC | Refinanced by Berkadia 2024
Berkadia Secures $40.6M in Refinancing for Home2 Suites Charlotte Uptown in Charlotte, North Carolina Charlotte, N.C. – January 17, 2024 – Berkadia announced today the refinancing of Home2 Suites Charlotte Uptown, a 180-key, full-service hotel in Charlotte, North Carolina. Managing Directors Michael Weinberg and Rebecca Van Reken of Berkadia Hotels & Hospitality, secured $40.6 million in refinancing through Peachtree Group…
January 17, 2024
Holiday Inn Clearwater US 19 North, Clearwater, FL | Sold by Berkadia 2024
Berkadia Negotiates $16M Hotel Sale in Clearwater, Florida CLEARWATER, FLORIDA – January 17, 2024 – Berkadia Hotels & Hospitality announced today the sale at bankruptcy auction of Holiday Inn Clearwater US 19 North, a 119-room property in Clearwater, Florida. Managing Director Kyle Stevenson of Berkadia Hotels & Hospitality led the transaction. The deal closed on December 29. The closing represents…