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From the Newsroom
February 20, 2026
3121 N. Sheridan Road, Chicago, IL | Sold by Berkadia 2026
Berkadia Negotiates Sale of 3121 N. Sheridan in Chicago, Illinois Chicago, Illinois – February 20, 2026 – Berkadia, a distinguished leader in the commercial real estate sector, today announced the sale of 3121 N. Sheridan Road, a 296-unit residential property located in Chicago’s Lakeview neighborhood. Managing Directors Mike Garbers, Cody Tremper, Dave Fasano, and Ross Sanders of Berkadia Seniors Housing & Healthcare collaborated with Senior Managing Director Pete Evans of Berkadia…
February 19, 2026
Avalon Townhomes, Avondale, AZ | Sold by Berkadia 2026
Berkadia Negotiates $30.1M Build-to-rent (BTR) Property Sale in Avondale, Arizona Avondale, Arizona – February 19, 2026 – Berkadia, a distinguished leader in the commercial real estate sector, announced today the sale of Avalon Townhomes, a newly constructed, boutique build-to-rent (BTR) community consisting of 70 large-format townhome residences in Avondale, Arizona. Senior Managing Director Mark Forrester, Managing Director Andrew Curtis, and Senior Director Ryan Boyle of Berkadia Phoenix led the transaction on behalf of the seller, Arizona-based Bela Flor & TruVista Development. Avalon Townhomes sold for $30.1 million to LVP Partners Group on February…
February 18, 2026
Hotel Portfolio Acquisition, Southeastern United States | Financed by Berkadia 2026
Berkadia Arranges $353M Structured Capital Solution for Hotel Portfolio Acquisition Washington, D.C. – February 18, 2026 –Berkadia, a leading commercial real estate advisor, announced today that it has arranged a highly structured $353 million capital solution on behalf of Kemmons Wilson Hospitality Partners (“Kemmons Wilson”) and Ascendant Capital Partners (“Ascendant”, and together with Kemmons Wilson, the “Sponsor”) in connection with the acquisition and privatization of Sotherly Hotels Inc., a publicly traded hotel company that owns…



