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From the Newsroom
March 17, 2021
Berkadia Secures Nearly $25 Million in Financing for Multifamily Property in Alexandria, Virginia
SALT LAKE CITY – March 18, 2021 – Berkadia today announced the financing secured for The Tuscany Apartments, a mid-rise multifamily property in Alexandria, Virginia. Managing Director Jonathan Pratt of Berkadia’s Salt Lake City office secured the $24.936 million in acquisition financing on behalf of the borrower, an affiliate of Maryland-based Advantage Properties, Inc. and Cove Property Management LLC, whose…
March 17, 2021
Berkadia Secures $16.5 Million in Financing for Multifamily Property in Ohio
COLUMBUS, Ohio – March 17, 2021 – Berkadia announced today the financing secured for Flats on Houk, a 168-unit garden-style multifamily property in Delaware, Ohio. Managing Director Scott Wilkie and Associate Director Evan Ballmann of Berkadia’s Columbus, Ohio office secured $16.5 million in permanent refinancing on the property. The deal closed on February 12. The 10-year Fannie Mae loan features…
March 10, 2021
Berkadia Seniors Housing & Healthcare Group Completes $15 Million Sale for Seniors Housing Facility in Florida
Oxford, FL– March 10, 2021 – Berkadia’s Seniors Housing and Healthcare Group completed the $15 million sale of a 126-unit assisted living and memory care community, The Willows of Wildwood, in Oxford, Florida. Tim Cobb, Investment Sales Lead of Berkadia’s Seniors Housing & Healthcare Group, and Associate Director Brooks Minford completed the sale on behalf of the owner. The deal…


