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From the Newsroom
September 27, 2021
Berkadia Arranges $42 Million Refinancing for Luxury Apartments in West Palm Beach
West Palm Beach, Fla. (September 27, 2021) – Berkadia announces it has arranged the $42 million recapitalization of Alora at West Palm Beach, a 270-unit luxury apartment community in the heart of West Palm Beach, Florida. Senior Managing Director Charles Foschini and Managing Director Chris Apone of Berkadia Miami secured the financing on behalf of the ownership, AHC of West…
September 24, 2021
Berkadia Closed the Sale of 34-Key El Colibri Hotel & Spa in Cambria, California
SAN DIEGO, CA– September 24, 2021 – Berkadia announced today the sale of El Colibri Hotel & Spa, a 34-key coastal boutique hotel in Cambria, California. Managing Director Scott Hall and Senior Director Aaron Lapping of Berkadia San Diego led the transaction on behalf of the seller, Aliso Viejo-based Pacifica Hotels. The property was sold to San Diego-based Pacifica Companies.…
September 24, 2021
Berkadia Arranges the Sale and Financing of Two Trophy-Quality Multifamily Properties for Undercover Billionaire Grant Cardone, CEO of Cardone Capital
Cardone Capital acquires Heights Waterworks and 15th Street Flats, two Class A assets with a combined 646 units in the historic Houston Heights neighborhood HOUSTON (September 23, 2021) – Berkadia Institutional Solutions, powered by Moran, announces it has arranged the sale and financing of The Heights Collection, two brand new, trophy-quality residential properties with a combined total of 646 units…