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From the Newsroom
March 10, 2022
Berkadia Completes $53 Million Sale of and Secures $35.7 Million in Financing for 172-Unit Multifamily Community in Tempe, Arizona
PHOENIX and AUSTIN, Texas — March 10, 2022 — Berkadia announced today the sale of and financing secured for The Rev, a 172-unit garden-style multifamily property in Tempe, Arizona. Managing Director Dan Cheyne and Senior Managing Directors Ric Holway and Mark Forrester of Berkadia Phoenix completed the sale on behalf of the seller, Washington-based Securities Properties Inc. The buyer was…
March 8, 2022
Berkadia Arranges $32 Million Refinance of Orlando Apartments Near University of Central Florida
ORLANDO (March 8, 2022) – Berkadia announces it has arranged the $32 million recapitalization of the Promenade at Aloma, a 233-unit multifamily community located in Orlando, Fla. Senior Managing Director Charles Foschini and Managing Director Christopher Apone of Berkadia Miami secured the financing on behalf of Pensam Capital, a multifamily real estate investment firm based in Miami, Fla. Freddie Mac…
March 8, 2022
Berkadia Secures Capital Partner for Legacy Partners’ 296-Residence Mixed-Use Community in Dallas-Fort Worth Metro Area
DALLAS (March 8, 2022) – Berkadia announces it has identified and secured a JV equity partner for Legacy Partners to develop Merit, a 296-residence mixed-use community in Lewisville, a suburban market located north of Dallas, Tex. Chinmay Bhatt, Cody Kirkpatrick and Noam Franklin of Berkadia JV Equity & Structured Capital arranged Pondmoon Capital Holdings USA as the equity partner. The…