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From the Newsroom
March 23, 2022
Berkadia Secures Over $59 Million in Combined Financing for Two Multifamily Properties in Nebraska
LOS ANGELES and KANSAS CITY, Mo. – March 21, 2022 – Berkadia announced today the combined financing secured for Lakeview Park Apartments and The Vue Apartments, two garden-style multifamily properties located in Nebraska. Managing Director Allan Freedman of Berkadia Los Angeles and Managing Director John J. Schorgl of Berkadia Kansas City secured the $59.079 million in combined permanent acquisition financing…
March 23, 2022
Berkadia Completes $22.1 Million Sale of Multifamily Build-for-Rent Community in Mesa, Arizona
PHOENIX — March 23, 2022 — Berkadia announced today the sale of Hampton East Phase II, a 53-unit Horizontal Build-for-Rent Community located in Mesa, Arizona. Senior Managing Directors Mark Forrester and Ric Holway, Managing Director Dan Cheyne and Director Andrew Curtis of Berkadia Phoenix completed the $22.1 million ($416,981 per unit) sale on behalf of the developer/seller, Arizona-based Paragon Development…
March 17, 2022
Berkadia Secures Over $50 Million in Construction Financing for Multifamily Property in Montana
DENVER – March 18, 2022 – Berkadia announced today the construction financing secured for 2131 Graf, a to-be constructed garden-style multifamily property located in Bozeman, Montana. Managing Director Jennifer Quigley of Berkadia Denver secured $50.979 million in permanent construction financing on behalf of the borrower, Montana-based BlackRidge Companies. The deal closed on March 18. The 221(d)(4) 40-year construction loan, financed…