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From the Newsroom
April 28, 2022
Berkadia Completes $37.3 Million Sale of Multifamily Property in Las Vegas
LAS VEGAS — April 28, 2022 — Berkadia announced today the sale of Skyline Parc Apartments, a 193-unit garden-style multifamily property located in Las Vegas, Nevada. Director Jared Glover of Berkadia Las Vegas completed the $37.3 million sale on behalf of the seller, California-based Laguna Point Properties LLC, and the buyer, California-based Tides Equities. The deal closed on April 28.…
April 28, 2022
Berkadia Arranges Equity Partner for Capstone Communities’ First Birmingham Build-for-Rent Community
Birmingham, Ala. (April 27, 2022) – Berkadia announces it has sourced an equity partner for Capstone Communities to develop The Cottages at Greystone, its first build-for-rent (BFR) community in the Greater Birmingham area. A low-density multifamily development, The Cottages will sit on approximately 30 acres within the well-established Greystone community, just minutes off Highway 280. Cody Kirkpatrick, Noam Franklin and…
April 27, 2022
Berkadia Completes $28.6 Million Sale and Secures Over $20.2 Million in Financing for Multifamily Property in Phoenix
PHOENIX and IRVINE, Calif. — April 27, 2022 — Berkadia announced today the sale of and financing secured for 19 Rail, a 137-unit garden-style multifamily property located in Phoenix, Arizona. Senior Managing Director Ric Holway, Managing Director Dan Cheyne and Senior Managing Director Mark Forrester of Berkadia Phoenix completed the $28.6 million sale on behalf of the seller, G2 Realty…