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From the Newsroom
September 24, 2021
Berkadia Arranges the Sale and Financing of Two Trophy-Quality Multifamily Properties for Undercover Billionaire Grant Cardone, CEO of Cardone Capital
Cardone Capital acquires Heights Waterworks and 15th Street Flats, two Class A assets with a combined 646 units in the historic Houston Heights neighborhood HOUSTON (September 23, 2021) – Berkadia Institutional Solutions, powered by Moran, announces it has arranged the sale and financing of The Heights Collection, two brand new, trophy-quality residential properties with a combined total of 646 units…
September 22, 2021
Berkadia Secures $26 Million in Financing for Affordable Senior Community in Northern New Jersey
WASHINGTON, D.C. – September 17, 2021 – Berkadia today announced the financing secured for Bella Vista Senior Apartments, a 24-story, 231-unit Affordable housing property located in Union City, New Jersey. Managing Director Laura Smith of Berkadia D.C. Metro secured the $26 million in permanent refinancing on behalf of the borrower, Orlando Partners, LLC. The deal closed on September 15. …
September 22, 2021
Berkadia Arranges Programmatic Capital Partner for Capstone Communities’ Robust Pipeline of Build-for-Rent Projects
NEW YORK (September 20, 2021) – Berkadia announces it has secured a programmatic capital partner to help Capstone Communities execute its plan to continue developing a pipeline of build-for-rent (BFR) communities across the country. Chinmay Bhatt, Noam Franklin and Cody Kirkpatrick of Berkadia JV Equity & Structured Capital set up the programmatic partner – a publicly traded REIT – as…