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From the Newsroom
September 13, 2021
Berkadia Arranges $38 Million Recap for New Jacksonville Apartments
Jacksonville, Fla. (September 3, 2021) – Berkadia announces it has arranged a $38.76 million loan for the recapitalization of The Solera at Kendall West, a 244-unit luxury apartment community built in 2020. Senior Managing Director Mitch Sinberg and Associate Director Matthew Robbins of Berkadia Boca Raton secured the financing on behalf of the sponsor, Rich Properties. Berkadia originated the Fannie…
September 13, 2021
Berkadia Arranges $47.07M Loan for Westside Capital’s Acquisition of Second Waterfront Residential Tower in Fort Myers
Campo Felice, a 24-story luxury multifamily apartment tower, was purchased for $55 million in an off market special situation sale Fort Myers, Fla. (September 8, 2021) – Berkadia announces it has arranged financing for the acquisition of a 24-story residential tower with 323 apartment units located in the historic downtown of Fort Myers, Fla. Campo Felice was acquired for $55…
September 13, 2021
Berkadia Secures $109 Million in Construction Financing for Mixed-Use Property in Virginia
WASHINGTON, D.C. — September 9, 2021 — Berkadia announced today the construction-to-permanent financing secured for Eisenhower Block 20, a to-be-built 26-story luxury Class “A” multifamily community consisting of 443 apartment units in the Carlyle District of Alexandria, Virginia. Senior Managing Director J. Tyler Blue and Managing Director Paul Wallace of Berkadia D.C. Metro secured the $109 million in construction-permanent financing on behalf of the…