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From the Newsroom
September 20, 2021
Berkadia Completes $39 Million Sale of Multifamily Property in Bloomington, Illinois
CHICAGO — September 20, 2021 — Berkadia announced today the $39.15 million sale of Traditions Bloomington, a 396-unit garden-style multifamily property in Bloomington, Illinois. Managing Director Ralph DePasquale of Berkadia Chicago, and Senior Managing Directors Jeff Irish and Brandon Grisham of Berkadia Affordable Housing, completed the sale on behalf of the seller, Minnesota-based Dominium. The buyer was Georgia-based Traditions Harmony…
September 16, 2021
Berkadia Arranges $91.49M Loan for Acquisition of Two Tampa Bay Apartment Communities
29th Street Capital acquired Henley Tampa Palms and Enclave at Northwood for $112 million TAMPA BAY, Fla. (September 16, 2021) – Berkadia announces it has secured $91 million in financing for the acquisition of two multifamily properties in the Tampa Bay area: Henley Tampa Palms, a 315-unit apartment community in Tampa, and Enclave at Northwood, a 188-unit apartment community in…
September 16, 2021
Berkadia Negotiates $4.56 Million Multifamily Sale in Hawthorne, California
EL SEGUNDO, CA – September 16, 2021 – Berkadia announced today the sale of The Franklin Apartments, a 28-unit, garden-style multifamily property in Hawthorne, California. Senior Director Steffan Braunlich of Berkadia El Segundo led the transaction on behalf of the seller, Hawthorne-based Willie S. Bullock Trust and the buyer, Arcadia-based Positive Investments. The property closed in 15 days at a…