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From the Newsroom
March 16, 2022
Berkadia Secures Over $98 Million in Financing for Multifamily Property in Arizona
LOS ANGELES – March 14, 2022 – Berkadia announced today the financing secured for Ascend at Kierland, a 364-unit garden-style multifamily property located in Scottsdale, Arizona. Managing Director Allan Freedman and Associate Director Nick Provost of Berkadia Los Angeles secured the $98.026 million in permanent refinancing on behalf of the borrower, California-based The Ezralow Company. The deal closed on March…
March 15, 2022
Berkadia Completes $24.4 Million Sale and Secures Over $19 Million in Financing for Multifamily Property in South Carolina
CHARLESTON, S.C. – May 12, 2022 – Berkadia announced today the sale of and financing secured for Lakewood Lodge, a 130-unit garden-style multifamily property located in the Charleston MSA of Hanahan, South Carolina. Managing Director Mark Boyce and Director Blake Coffey of Berkadia Charleston completed the $24.44 million sale on behalf of the seller, New Jersey-based Eskay Management. The buyer…
March 11, 2022
Berkadia Closed the $16 Million Sale of 124-Room Hotel in Atlanta, Georgia
Atlanta, GA– March 11, 2022 – Berkadia announced today the sale of the future Origin Hotel Atlanta, a proposed 124-room hotel in Atlanta, Georgia. Managing Director Kyle Stevenson and Senior Director John Testerman of Berkadia of Berkadia Hotels & Hospitality completed the sale on behalf of the seller, Atlanta-based Access Point Financial. “We are pleased to arrange a complicated transaction…