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From the Newsroom
October 5, 2021
Berkadia Arranges Recapitalization of Tampa Apartments
TAMPA, Fla. (October 4, 2021) – Berkadia announces it has arranged a loan for the refinancing of Westshore Crossing, a 337-unit garden-style apartment community located in the Wellswood submarket of Tampa, Fla. Senior Managing Director Charles Foschini and Managing Director Chris Apone of Berkadia Miami arranged the loan on behalf of Westside Capital Group, a real estate investment holding firm…
October 5, 2021
Berkadia Completes $64.5 Million Sale and Secures $56.5 Million for Multifamily Portfolio in Georgia
ATLANTA – October 4, 2021 – Berkadia announced today the sale of and financing secured for a two-property multifamily portfolio consisting of Hidden Colony and Spaulding Hills in Georgia. Senior Managing Directors Paul Vetter and Andrew Mays, Senior Director Judy MacManus and Director Matt White of Berkadia Atlanta completed the $64.5 million sale on behalf of the seller, Florida-based WRH…
October 5, 2021
Berkadia Secures Over $24.5 Million in Financing for Multifamily Property in Alabama
LOUIS – October 5, 2021 – Berkadia announced today the financing secured for Olde Oak Apartments, a garden-style multifamily property in Saraland, Alabama. Director Pat Garlich of Berkadia St. Louis secured the $24.578 million in permanent refinancing on behalf of the borrower, Missouri-based Maxus Realty Trust Inc. The deal closed on September 20. Freddie Mac provided the seven-year loan. “We…