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From the Newsroom
October 29, 2021
Berkadia Arranges Financing for Acquisition of Frontal Trust’s Single-Family Rental Portfolio in Miami-Dade County
Frontal Trust Investment Management acquired a scattered portfolio of 125 single-family homes and condos, mostly in Homestead, with a $17.5 million loan MIAMI (October 28, 2021) – Berkadia announces it has arranged a $17.15 million loan for the acquisition of 125 condos and single-family homes located within Miami-Dade County, Florida. The majority of the assets are located in Homestead and…
October 26, 2021
Berkadia Completes $85 Million Sale of Multifamily Property in Southern California
SAN DIEGO — October 26, 2021 — Berkadia announced today the $85 million sale of Sorelle, a 330-unit garden-style multifamily property in Moreno Valley, California. Director Tyler Sinks and Managing Directors Ed Rosen and John Chu of Berkadia San Diego completed the sale on behalf of the seller, California-based R&V Management. The buyer was Tower 16 Capital Partners, also based…
October 26, 2021
Berkadia Institutional Solutions Completes $82 Million Sale of Multifamily Property in Virginia
NORFOLK, Va. and WASHINGTON, D.C. — October 21, 2021 — Berkadia Institutional Solutions announced today the sale of Lumen, a 300-unit garden-style multifamily property in Hampton, Virginia, achieving a record breaking price per unit sale in the Hampton market. Senior Managing Director Drew White of Berkadia D.C. Metro and Director Carter Wood of Berkadia Norfolk completed the $82 million sale…