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From the Newsroom
July 7, 2021
Berkadia Secures $22.6 Million in Financing for Senior Affordable Multifamily Property in Queens Borough of New York City
WASHINGTON, D.C. – July 7, 2021 – Berkadia today announced the financing secured for Seagirt Senior Housing, a high-rise affordable housing property located in Far Rockaway, New York. Managing Director Laura Smith of Berkadia Washington, D.C. secured the $22.6 million in permanent refinancing on behalf of the borrower, New York-based JASA. The deal closed on June 28. The HUD 223(F)…
July 6, 2021
Berkadia Secures Bridge Financing for 222-unit Community in Austin, Texas
AUSTIN, TX – July 6, 2021 – Berkadia announces it has arranged bridge financing for the acquisition of Lotus Village, a 222-unit apartment community in Austin, Texas. Managing Director Brad Williamson of Berkadia Miami secured the financing on behalf of a buyer affiliated with One Real Estate Investment, a real estate investment firm based in Miami. LoanCore originated the bridge…
July 2, 2021
Berkadia Secures $255 Million in Financing for Multifamily Property in Southern California
SAN FRANCISCO, CA – July 2, 2021 – Berkadia today announced the placement of financing for Park Newport, a 1,306-unit garden-style multifamily property in Newport Beach, California. Managing Director Andy Ahlers of Berkadia San Francisco secured the $255 million in permanent refinancing on behalf of the borrower, Park Newport LP. The deal closed on July 1. The long-term fixed-rate loan…