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Commercial Real Estate Professionals Expect Increased Market Activity to Continue After Strong Start to 2021

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September 20, 2021

Berkadia Institutional Solutions Powered by Moran Completes Nearly $145 Million in Sales for Multifamily Portfolio in Atlanta

ATLANTA — September 17, 2021 — Berkadia Institutional Solutions, powered by Moran, announced today the sale of a two-property multifamily portfolio, consisting of The Mille Brookhaven and TwentyNine24 Brookhaven, located in Atlanta, Georgia. Managing Director Russ Hardy of Berkadia Atlanta completed the nearly $145 million in combined sales on behalf of the seller, California-based FPA […]

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September 20, 2021

Berkadia Completes $39 Million Sale of Multifamily Property in Bloomington, Illinois

CHICAGO — September 20, 2021 — Berkadia announced today the $39.15 million sale of Traditions Bloomington, a 396-unit garden-style multifamily property in Bloomington, Illinois. Managing Director Ralph DePasquale of Berkadia Chicago, and Senior Managing Directors Jeff Irish and Brandon Grisham of Berkadia Affordable Housing, completed the sale on behalf of the seller, Minnesota-based Dominium. The […]

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September 16, 2021

Berkadia Arranges $91.49M Loan for Acquisition of Two Tampa Bay Apartment Communities

29th Street Capital acquired Henley Tampa Palms and Enclave at Northwood for $112 million TAMPA BAY, Fla. (September 16, 2021) – Berkadia announces it has secured $91 million in financing for the acquisition of two multifamily properties in the Tampa Bay area: Henley Tampa Palms, a 315-unit apartment community in Tampa, and Enclave at Northwood, […]

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September 16, 2021

Berkadia Negotiates $4.56 Million Multifamily Sale in Hawthorne, California

EL SEGUNDO, CA – September 16, 2021 – Berkadia announced today the sale of The Franklin Apartments, a 28-unit, garden-style multifamily property in Hawthorne, California. Senior Director Steffan Braunlich of Berkadia El Segundo led the transaction on behalf of the seller, Hawthorne-based Willie S. Bullock Trust and the buyer, Arcadia-based Positive Investments. The property closed […]

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September 15, 2021

Berkadia Completes $17.5 Million Opportunity Zone Sale and Secures Over $13 Million in Financing for Multifamily Property in Denver

DENVER and SEATTLE – September 15, 2021 – Berkadia announced today the sale of and financing secured for Mile High Place, a 60-unit midrise multifamily property in Denver, Colorado. Senior Directors Nick Steele and John Laratta and Associate Directors Tyler King and Nate Moyer of Berkadia Denver completed the $17.5 million sale on behalf of […]

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September 15, 2021

Berkadia Arranges $31 Million Recapitalization for Neology Life’s No.17 Residences Allapattah in Miami

MIAMI (September 16, 2021) – Berkadia announces it has secured a $31 million bridge loan to refinance No.17 Residences Allapattah, a 192-unit attainable luxury apartment rental building in the Fruit Packing District of Allapattah. Senior Managing Director Charles Foschini and Managing Director Christopher Apone of Berkadia Miami secured the financing on behalf of Neology Life […]

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September 15, 2021

Berkadia Seniors Housing & Healthcare Adds Director to Platform

EL SEGUNDO, CA – September 15, 2021 – Berkadia announced today the addition of Director Simona Wilson to Berkadia Seniors Housing & Healthcare, serving on the investment sales platform helmed by Tim Cobb, Investment Sales Leader. “With over 19 years of industry experience, Simona will be a true powerhouse in expanding our Seniors Housing market […]

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September 14, 2021

Berkadia Expands Its Proprietary Lending Platform

The organization has launched a new fund and hired industry veteran Chuck Lee to lead the continued growth of its proprietary lending capabilities New York, NY – September 14, 2021 – Berkadia today announced the expansion of its proprietary lending platform with the launch of the BRC Multifamily Bridge Loan Fund LP, an open-ended fund […]

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