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From the Newsroom
June 17, 2021
Berkadia Secures $58.68 Million Recapitalization for 481-Unit Community in South Florida
Pembroke Pines, Fla. (June 14, 2021) – Berkadia announces it has arranged $58.68 million in refinancing for Advenir at San Tropez, a 480-unit community in Pembroke Pines, Florida. Senior Managing Director Charles Foschini and Managing Director Christopher Apone of Berkadia Miami secured the loan on behalf of Advenir at San Tropez, LLC. Berkadia originated and Freddie Mac purchased the fixed…
June 17, 2021
Berkadia Secures $14.3 Million Construction Loan for VA Clinic in Sumter, SC
Sumter, SC (June 16, 2021) – Berkadia announces it has arranged $14.3 million in construction financing for the development of a Veterans Affairs clinic in Sumter, South Carolina, just east of Columbia. Managing Directors Michael Weinberg and Rebecca Van Reken, along with Associate Director Alec Fox of Berkadia Orlando, secured the financing on behalf of Blue Cord DevGroup, LLC. The…
June 15, 2021
Berkadia Completes Around $100 Million Sale of Multifamily Property in St. Louis
LOUIS – June 11, 2021 – Berkadia today announced the around $100 million sale of The PARQ at Chesterfield Village, a 345-unit midrise multifamily property in St. Louis. Senior Director Andrea Kendrick, Managing Director Ken Aston and Director Bobby Mills of Berkadia St. Louis completed the sale on behalf of the seller, Indiana-based Watermark Residential, a wholly owned affiliate of…