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From the Newsroom
June 17, 2021
Berkadia Brokers Sale of 315-Unit Apartment Property in Birmingham, Alabama
Birmingham, AL – June 17, 2021— Berkadia announced today the sale of The Point at Oak Mountain, a 315-unit Class B multifamily property in Birmingham, Alabama. Senior Director David Wilson, Associate Director Caleb Frizzell and Director Steve Nunnelley of Berkadia Alabama arranged the sale on behalf of the seller, Waypoint Residential. Waypoint acquired the property in 2015 in a Berkadia-brokered…
June 17, 2021
Berkadia Arranges Sale of Bay Harbor Islands Mixed-Use Development Site
David Martin’s Terra acquires the 1.83-acre site at 1177 Kane Concourse from Northwood Investors MIAMI (June 17, 2021) – Berkadia announces it has arranged the sale of a 1.83-acre development site in Miami’s Bay Harbor Islands. Located just west of Bal Harbour Shops, the 1177 Kane Concourse site includes 300 feet of frontage on Kane Concourse and is permitted for a mixed-use residential, retail and office…
June 17, 2021
Berkadia Secures $58.68 Million Recapitalization for 481-Unit Community in South Florida
Pembroke Pines, Fla. (June 14, 2021) – Berkadia announces it has arranged $58.68 million in refinancing for Advenir at San Tropez, a 480-unit community in Pembroke Pines, Florida. Senior Managing Director Charles Foschini and Managing Director Christopher Apone of Berkadia Miami secured the loan on behalf of Advenir at San Tropez, LLC. Berkadia originated and Freddie Mac purchased the fixed…