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From the Newsroom
May 5, 2021
Berkadia Completes $23.25 Million Sale and Secures $18.92 Million in Financing for Multifamily Property in Roanoke, Virginia
Roanoke, VA – May 5, 2020 – Berkadia announced today the sale and financing of Villages at Garst Creek, a 504-unit, garden-style affordable multifamily property in Roanoke, Virginia. Senior Managing Directors Jeff Irish and Brandon Grisham and Associate Mike Terry of Berkadia Affordable Housing, with Managing Director Drew White and Director Carter Wood of Berkadia D.C. Metro and Newport News,…
May 3, 2021
Berkadia Completes $20.6 MIllion Sale of Multifamily Property in Georgia
ATLANTA — May 3, 2021 — Berkadia announced today the $20.6 million sale of Sterling Riverside Townhomes, a 232-unit apartment property in Austell, Georgia. Senior Managing Directors Paul Vetter and Andrew Mays, Senior Director Judy MacManus and Director Matt White of Berkadia Atlanta completed the sale on behalf of the seller, New York-based Park Drive Equities. The buyer was Georgia-based…
May 3, 2021
Berkadia Secures $37 Million Recapitalization for 224-unit Community in Delray Beach, Florida
Delray Beach, Fla. (April 30, 2021) – Berkadia announces it has arranged $37 million in refinancing for The Enclave at Delray Beach, a 224-unit garden style apartment community in Delray Beach, Florida. Senior Managing Director Charles Foschini and Managing Director Christopher Apone of Berkadia Miami secured the financing on behalf of MSP Enterprises. John Hancock, a life correspondent company, originated…