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From the Newsroom
October 26, 2021
Berkadia Completes $85 Million Sale of Multifamily Property in Southern California
SAN DIEGO — October 26, 2021 — Berkadia announced today the $85 million sale of Sorelle, a 330-unit garden-style multifamily property in Moreno Valley, California. Director Tyler Sinks and Managing Directors Ed Rosen and John Chu of Berkadia San Diego completed the sale on behalf of the seller, California-based R&V Management. The buyer was Tower 16 Capital Partners, also based…
October 26, 2021
Berkadia Institutional Solutions Completes $82 Million Sale of Multifamily Property in Virginia
NORFOLK, Va. and WASHINGTON, D.C. — October 21, 2021 — Berkadia Institutional Solutions announced today the sale of Lumen, a 300-unit garden-style multifamily property in Hampton, Virginia, achieving a record breaking price per unit sale in the Hampton market. Senior Managing Director Drew White of Berkadia D.C. Metro and Director Carter Wood of Berkadia Norfolk completed the $82 million sale…
October 22, 2021
Berkadia Institutional Solutions Completes Sale of Multifamily Property in Illinois
CHICAGO and MILWAUKEE – October 22, 2021 – Berkadia Institutional Solutions announced today the sale of Birchwood on Sterling, a 719-unit garden-style multifamily property located in Palatine, Illinois. Senior Managing Director Pete Evans of Berkadia Chicago and Senior Director Richard Evans of Berkadia Milwaukee, along with support from local Berkadia colleagues, completed the sale on behalf of the seller. The…