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From the Newsroom
August 10, 2021
Commercial Real Estate Professionals Expect Increased Market Activity to Continue After Strong Start to 2021
Professionals say the availability of capital and institutional investor interest will have a significant impact on industry transactions, according to Berkadia’s 2021 Mid-Year Powerhouse Poll NEW YORK – August 9, 2021 – Berkadia’s 2021 Mid-Year Powerhouse Poll finds that overall, the multifamily market continues on a positive trajectory, especially when compared to this time last year. Berkadia mortgage bankers and…
August 10, 2021
Berkadia Secures $77 Million in Combined Financing for Two Multifamily Properties in the Southeast
RICHMOND, Va. – August 10, 2021 – Berkadia today announced the $77.1 million in combined financing secured for two multifamily properties, Big Sky Apartments in Virginia and Washington Landing in West Virginia. Senior Director Stephen Murden and Director Amy Gay of Berkadia Richmond, Virginia secured the respective HUD financing on behalf of Virginia-based Pinnacle Construction & Development Corp. Big Sky Apartments is located at 107 Community Way…
August 5, 2021
Berkadia Completes $62 Million Sale of Multifamily Property in Georgia
ATLANTA – August 5, 2021 – Berkadia announced today the sale of Lakeview I and II, a garden-style multifamily property in Stone Mountain, Georgia. Senior Director Judy MacManus, Senior Managing Directors Paul Vetter and Andrew Mays and Director Matt White of Berkadia Atlanta completed the $62.2 million sale on behalf of the seller, California-based Praxis Capital. The buyer was Maryland-based…