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From the Newsroom
September 13, 2021
Berkadia Completes $27.65 Million Sale of Multifamily Property in Virginia
NORFOLK, Va. and WASHINGTON, D.C.— September 9, 2021 — Berkadia announced today the sale of The Heritage at Settlers Landing, a 140-unit midrise-style multifamily property in Hampton, Virginia. Senior Managing Director Drew White, Director Carter Wood and Senior Director David Hudgins completed the $27.65 million sale on behalf of the seller, Virginia-based Levco Management. The buyer was New York-based Milrose…
September 2, 2021
Berkadia Structures $51 Million in Financing for Vitus Affordable Community in Jonesboro, Georgia
Atlanta, GA – September 2, 2021 – Berkadia announced today that it structured $51 million in financing for the redevelopment of Riverwood Townhouses, an affordable housing development in Jonesboro, Georgia. The property was recently acquired by Vitus, a national developer and owner of affordable housing. Senior Managing Director Tim Leonhard of Berkadia Affordable Housing secured both $25.9 million of acquisition…
August 31, 2021
Berkadia Completes Sale and Secures Financing for Multifamily Property in Florida
ORLANDO, Fla. and MIAMI – August 30, 2021 – Berkadia today announced the sale of and financing secured for Sweetwater on 16th, a 242-unit garden-style multifamily property located in Gainesville, Florida. Director Greg Rainey of Berkadia Jacksonville and Senior Managing Director Cole Whitaker of Berkadia Orlando, along with support from their local Berkadia colleagues, together completed the sale on behalf…