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From the Newsroom
October 29, 2021
Berkadia Secures $148 Million Loan on Behalf of Lowe and Atlas Hotels Through Varde Partners to Refinance Town & Country Resort in San Diego
SAN DIEGO – October 29, 2021 – Berkadia today announced the closing of the financing of the newly-transformed Town & Country Resort located in San Diego, California. Managing Director Scott Hall and Senior Director Aaron Lapping of Berkadia secured the $148 million floating rate loan through Värde Partners on behalf of the borrower, a partnership between Lowe and Atlas Hotels.…
October 29, 2021
Berkadia Completes $141.1 Million Sale of Multifamily Property in Washington
SEATTLE – October 28, 2021 – Berkadia today announced the sale of Midtown 64, a 365-unit garden-style multifamily property in Kent, Washington. Senior Managing Director Kenny Dudunakis, Senior Directors David Sorensen and Ben Johnson and Associate Director George Pallis of Berkadia Seattle completed the $141.1 million sale on behalf of the seller, Washington-based Goodman Real Estate, and the buyer, Security…
October 29, 2021
Berkadia Institutional Solutions Completes $132.5M Sale of Multifamily Portfolio in South Florida
WEST PALM BEACH, Fla. (October 28, 2021) — Berkadia Institutional Solutions today announced the sale of Windward at the Villages, The Royal St. George and Village Place, three multifamily assets with a combined 622 units located in West Palm Beach, Florida. Senior Managing Director Jaret Turkell along with Senior Managing Director Roberto Pesant, Associate Omar Morales and Senior Analyst Jose Mota of Berkadia Miami completed…