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From the Newsroom
March 24, 2021
Berkadia Completes Over $43 Million Sale of Three Multifamily Properties in Illinois
CHICAGO – March 24, 2021 – Berkadia today announced the $43.2 million in combined sales of three multifamily properties, including Wing Park Apartments, Parkside Apartments and Stone Ridge Square. Managing Director Ralph DePasquale of Berkadia’s Chicago office led the sales team on behalf of their respective sellers. “The sale of these assets demonstrates continued strong investor demand for Illinois properties,”…
March 23, 2021
Berkadia Completes $29.2 Million Sale of Multifamily Property in Orlando
ORLANDO, Fla. – March 23, 2021 – Berkadia announced today the sale of The Mark at SoDo, a 258-unit garden-style multifamily property located in Orlando, Florida. Senior Managing Director Cole Whitaker, Director Mary Beale and Associate Director Lauren Gassie of Berkadia’s Orlando office completed the $29.2 million sale. The Mark at SoDo was sold by a real estate fund managed…
March 23, 2021
Berkadia Arranges $48 Million Sale and Financing of Virginia Affordable Housing Portfolio Acquired by Blackfin Real Estate Partners, LLC and GMF Capital
Norfolk, Va. (March 23, 2021) – Berkadia announces it has arranged the sale and financing of a three-property, 452-unit portfolio of affordable multifamily properties located in the suburbs of Richmond and Norfolk, Virginia. The three properties – Oaks of Dunlop Farms in Colonial Heights (144 units), Independence Square (152 units) and Crescent Place (156 units), both in Portsmouth – traded…