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From the Newsroom
February 19, 2021
Berkadia Secures $46 Million in Financing for Multifamily Property in Oklahoma
DENVER – February 18, 2021 – Berkadia today announced the financing secured for Creekside Apartment Homes I & II, a garden-style multifamily property in Broken Arrow, Oklahoma. Managing Director Jennifer Quigley of Berkadia’s Denver office secured the $46.16 million in financing on behalf of the borrower, Montana-based BlackRidge Companies. The deal closed on February 17. The HUD 223(f) loan was…
February 19, 2021
Aspen Cove Townhomes, Salt Lake City UT | Sold and Financed by Berkadia 2021
DENVER and SALT LAKE CITY – February 19, 2021 – Berkadia announced today the sale of and financing secured for Aspen Cove Townhomes, a 74-unit garden-style multifamily property in Salt Lake City, Utah. Managing Director Greg Barratt of Berkadia’s Salt Lake City office completed the sale on behalf of the buyer, an undisclosed entity. The seller was New York-based Tungsten…
February 16, 2021
Berkadia Completes $39 Million Sale and Secures Financing for Multifamily Property in Arizona
PHOENIX and CHICAGO – February 16, 2021 – Berkadia today announced the $39 million sale of The Tides on 5th, a 197-unit garden-style multifamily property located in Tempe, Arizona. Senior Director Dan Cheyne and Senior Managing Directors Ric Holway and Mark Forrester of Berkadia’s Phoenix office completed the sale on behalf of the seller, California-based Tides Equities. The buyer was…