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From the Newsroom
February 15, 2022
Berkadia Secures Financing for Multifamily Property in Illinois
KANSAS CITY, Mo. – February 14, 2022 – Berkadia announced today the financing secured for Edenbridge Apartments, a 309-unit midrise multifamily property in Tinley Park, Illinois, a suburb just outside of Chicago. Managing Director John J. Schorgl of Berkadia Kansas City secured the acquisition financing on behalf of the borrower, Illinois-based Artisan Capital Group. The deal closed on February 4. …
February 10, 2022
Berkadia Completes $45.3 Million Sale of Multifamily Property in Virginia
NORFOLK, Va. and WASHINGTON, D.C.— February 10, 2022 — Berkadia announced today the sale of Ashland Towne Square, a 218-unit garden-style multifamily property in Ashland, Virginia. Senior Director David Hudgins and Director Carter Wood of Berkadia Norfolk, and Senior Managing Director Drew White of Berkadia D.C. Metro, together completed the $45.3 million sale on behalf of the seller, Virginia-based Ashland…
February 10, 2022
Berkadia Florida Posts Record-Breaking Year for Commercial Real Estate Deal Volume in 2021
The Florida-based mortgage banking and investment sales teams completed more than $9 billion in transactions in 2021 Boca Raton, Fla. (February 10, 2022) – Berkadia’s Florida mortgage banking and investment sales teams marked a record-breaking year in 2021. Led by Senior Managing Director Mitch Sinberg of Berkadia Boca Raton, the mortgage banking team originated $6.1 billion in loans on commercial…