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From the Newsroom
March 25, 2022
Berkadia Secures Over $91 Million in Financing for Multifamily Property in Indianapolis
INDIANAPOLIS – March 25, 2022 – Berkadia announced today the financing secured for The Whit, a 334-unit mid-rise style multifamily property located in downtown Indianapolis, Indiana. Managing Director Jason Brown and Associate Director Austin Katai of Berkadia Indianapolis secured the $91.1 million in acquisition financing on behalf of the borrower, Indiana-based Zidan Management Group, Inc. The deal closed on March…
March 24, 2022
Berkadia Completes $16 Million Sale of Hotel in Pittsburgh, Pennsylvania
Pittsburgh, PA– March 23, 2022 – Berkadia announced today the $16 million sale of the Hampton Inn & Suites Pittsburgh Waterfront, a 113-room hotel in Pittsburgh, Pennsylvania. Managing Directors Dan Hawkins and Kyle Stevenson of Berkadia Hotels & Hospitality and Senior Director Rick Brace of Berkadia Detroit completed the sale on behalf of the Maryland-based owner. The deal closed March…
March 23, 2022
Berkadia Expands Investment Sales Footprint, Adding New Team in Northern New Jersey
MORRISTOWN, NJ – March 23, 2022 – Berkadia announced today the addition of a new investment sales team in Morristown, New Jersey, bringing on board Senior Managing Director Nat Gambuzza, Senior Directors Spencer Beriont and Trevor Fiebel, Director Tim Blashford, Senior Transaction Manager Brian Antognini and Senior Financial Analyst Mike O’Reilly. The team will establish a new investment sales office…