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From the Newsroom
February 22, 2021
Berkadia Completes Sale of Multifamily Property in Georgia
ATLANTA — February 22, 2021 — Berkadia announced today the sale of Birch Run, a 198-unit garden-style multifamily property in Clarkston, Georgia. Senior Director Judy MacManus, along with Senior Managing Directors Paul Vetter and Andrew Mays and Director Matt White of Berkadia’s Atlanta office completed the sale on behalf of the seller, California-based Praxis Capital. The buyer was Fillmore Capital…
February 22, 2021
Berkadia Secures $83 Million in Financing for Multifamily Property in Indianapolis, Indiana
NEW YORK – February 22, 2021 – Berkadia today announced the financing secured for The Whit, a multifamily property in Indianapolis, Indiana. Senior Directors Michael Zaremski and Michael Shmuely of Berkadia’s New York office secured the $83 million refinancing on behalf of the borrower, Indiana-based TWG Development, LLC. The deal closed on January 29. The CIM Group loan will bridge…
February 19, 2021
Berkadia Arranges Debt and Equity for Class A Houston Apartments
Momentum Multifamily purchased the 228-unit The Henry at Liberty Hills HOUSTON (Feb. 18, 2021) – Berkadia announces it has arranged debt financing and secured an equity partner for the acquisition of The Henry at Liberty Hills (formerly known as SYNC at Liberty Hills), a 228-unit luxury garden style community in Houston. Cutt Ableson and Colin Marusak of Berkadia’s Houston office…