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From the Newsroom
May 5, 2022
Berkadia Secures $36.6 Million in Construction Financing for Multifamily Property in Virginia
RICHMOND, Va. – April 28, 2022 – Berkadia announced today the financing secured for Huntington Pointe Apartments, a to-be constructed 176-unit garden-style multifamily property in Newport News, Virginia. Director Amy Gay and Senior Director Stephen Murden of Berkadia Richmond secured the $36.6 million in permanent construction financing on behalf of the borrower, Virginia-based The Breeden Company. The deal closed on April 21. The…
May 5, 2022
Berkadia Completes $62.3 Million Sale of Multifamily Property in Florida
ORLANDO, Fla. – April 29, 2022 – Berkadia announced today the sale of The Lexington at Winter Park, a 228-unit multifamily property located in Winter Park, Florida. Senior Managing Director Cole Whitaker, Director Mary Beale, and Associate Director Lauren Gassie completed the $62.3 million sale on behalf of the seller, Massachusetts-based Aspen Square Management. The buyer was Texas-based Westmount Realty…
May 5, 2022
Berkadia Arranges Sale of Fractured Condo in Hollywood, Florida
Infinity BH acquired 160 out of 192 units at the condominium property Hollywood, Fla. (April 29, 2022) – Berkadia announces it has arranged the acquisition of 160 out of a total 192 condominium units at Luna at Hollywood, a four-story condominium property located in a suburban neighborhood in Hollywood, Fla. Director Yoav Yuhjtman, Senior Managing Directors Roberto Pesant and Jaret…