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From the Newsroom
July 12, 2021
Berkadia Adds Senior Managing Director to Mortgage Banking Platform in Chevy Chase, Maryland
Chevy Chase, MD – June 12, 2021 – Berkadia announced today the addition of Senior Managing Director Patrick McGlohn to its mortgage banking platform. McGlohn will be based in Berkadia’s Chevy Chase office and report to EVP and Head of Mortgage Banking Hilary Provinse. “Patrick brings a wealth of knowledge and expertise to Berkadia and will hit the ground running…
July 12, 2021
Berkadia Closes $25 Million for Jordan Downs Phase S2 in Los Angeles
Philadelphia, PA – July 12, 2021 – Berkadia Affordable Housing and CIT are pleased to announce the closing of Jordan Downs Phase S2, a new construction development in the Watts neighborhood of Los Angeles, California. Jordan Downs Phase S2 will provide 81 units of affordable housing and is part of a transformative 70-acre multi-phase redevelopment effort, led by Michaels, BRIDGE…
July 12, 2021
Berkadia Arranges $14.1M Acquisition Loan for Miami Industrial Asset
MIAMI, FL – July 12, 2021 – Berkadia announces it has arranged $14.1 million in acquisition financing on behalf of Foundry Commercial for the acquisition of America’s International Center, a 147,000-square-foot industrial park in Doral, Florida. Managing Directors Michael Weinberg and Rebecca Van Reken along with Associate Director Alec Fox of Berkadia Orlando secured the non-recourse, floating rate loan with…