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From the Newsroom
July 30, 2021
Berkadia Secures $12 Million in Acquisition Financing for 84-unit Community in Boca Raton, Florida
Boca Raton, Fla. (July 27, 2021) – Berkadia announces it has arranged $12 million in financing for the acquisition of The Village at Boca East, an 84-unit multifamily community in Boca Raton. Senior Managing Director Mitch Sinberg and Associate Director Matthew Robbins of Berkadia Boca Raton secured the financing on behalf of Rental Asset Management (RAM), a real estate investment…
July 30, 2021
Berkadia Secures Nearly $73 Million in Financing for Multifamily Property in Cleveland
CLEVELAND – July 29, 2021 – Berkadia today announced the financing secured for The Beacon, a high rise multifamily property located in Cleveland, Ohio. Senior Managing Director Mark Vogel and Managing Director Dan Geuther of Berkadia Cleveland secured the $72.9 million in refinancing on behalf of the borrower, Ohio-based Stark Enterprises. The deal closed on July 22. The seven-year loan…
July 30, 2021
Berkadia Completes $40 Million Sale of Multifamily Property in Jacksonville, Florida
JACKSONVILLE, Fla. – July 30, 2021 – Berkadia today announced the sale of Coquina Bay, a 200-unit garden-style multifamily property located in Jacksonville, Florida. Director Greg Rainey and Managing Director Matt Wilcox of Berkadia Jacksonville, Managing Director Brett Moss and Senior Managing Director Cole Whitaker of Berkadia Orlando and Managing Director Jason Stanton of Berkadia Tampa, along with support from…