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From the Newsroom
August 17, 2021
Berkadia Secures $20 Million in Financing for Multifamily Property in Illinois
KANSAS CITY, Mo. – August 17, 2021 – Berkadia announced today the financing secured for Metro Apartments at Granite City, a 290-unit garden-style multifamily property in Granite City, Illinois. Managing Director John J. Schorgl of Berkadia Kansas City secured $20 million in permanent refinancing on behalf of the borrower, Missouri-based KH Properties. The deal closed on August 13. The 10-year…
August 12, 2021
Berkadia Negotiates $18.05 Million Multifamily Sale in Loveland, Colorado
LOVELAND, CO – August 11, 2021 – Berkadia announced today the sale of The Gallery Flats, a mid-rise multifamily property in Loveland, Colorado. Senior Directors Nick Steele and John Laratta, Director Tyler King and Associate Director Nate Moyer of Berkadia Denver led the transaction on behalf of the seller. The deal closed August 5. The Gallery Flats sold for $18.05…
August 12, 2021
Berkadia Negotiates 170-Unit Multifamily Sale in Lake County, Illinois
Round Lake, IL – August 11, 2020 – Berkadia announced today the sale of Rosewood Apartments, a 170-unit, garden-style multifamily property in the far northwest Chicago suburb of Round Lake, Illinois. Managing Director Ralph DePasquale of Berkadia Chicago led the transaction team on behalf of the seller, Rosewood Apartments Limited Partnership. The deal closed July 1. Rosewood Apartments sold to…