Newsroom

February 3, 2023

JV Equity Secures Programmatic Equity | Berkadia 2023

Berkadia Secures Programmatic Equity for Sterling Group’s Recapitalization of Three Apartment Communities in Southeast NEW YORK (February 1, 2023) – Berkadia announces it has secured programmatic equity from a global institutional investor to finance Indiana-based The Sterling Group’s recapitalization of three apartment communities located in North Carolina, South Carolina and Tennessee. Cody Kirkpatrick, Noam Franklin, […]

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January 25, 2023

MCU, Ranchos Palos Verdes and San Pedro, CA | Sold and Financed by Berkadia 2023

Berkadia and Marymount California University Complete $80 Million Sale and Secure Bridge Financing for $20 Million LOS ANGELES and EL SEGUNDO, Calif. – January 25, 2023 – Berkadia announced today the sale of Marymount California University’s (MCU) campus in Rancho Palos Verdes and The Villas in San Pedro, California. The two sites consist of the […]

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January 24, 2023

District 42, Sioux City, IA | Financed by Berkadia 2023

Berkadia Secures Over $20 Million in Financing for Multifamily Property in Iowa WASHINGTON, D.C. – January 20, 2023 – Berkadia announced today the financing of District 42 Apartments, a 215-unit midrise multifamily property located in Sioux City, Iowa. Managing Director Nick Nicholson of Berkadia HUD/FHA arranged $20.016 million in permanent refinancing on behalf of the […]

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January 24, 2023

Wynwood Plaza, Miami, FL | Financed by Berkadia 2023

Berkadia Arranges $215 Million Construction Loan for Mega Mixed-Use Development in Miami’s Wynwood Developed by L&L, Oak Row Equities and Shorenstein, Wynwood Plaza will be the largest mixed-use project in Wynwood MIAMI (January 24, 2023) – Berkadia announces it has arranged $215 million in construction financing for Wynwood Plaza, a mega mixed-use development on a […]

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January 24, 2023

Berkadia Forges Alliance with Knight Frank

NEW YORK, N.Y. – JANUARY 24, 2023 – Berkadia announced today its alliance with global property consultancy Knight Frank, an alliance that will offer the firms’ clients unmatched access to domestic and internationally-based capital while maximizing their property values.  “This newly-formed relationship between our two privately-held firms will have innumerable benefits for clients on both […]

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January 19, 2023

The Midland Portfolio, Midland, MI | Financed by Berkadia 2023

Berkadia Secures Financing for Multifamily Portfolio in Midland, Michigan Midland, MI – January 19, 2023 – Berkadia announced today the $33.8 million in financing of The Midland Portfolio. The portfolio encompasses 449 units across three properties located in Midland, Michigan. Senior Director Aaron Moll of Berkadia Detroit secured the financing on behalf of the buyer, […]

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Three-Year Rule
January 17, 2023

Cypress Parc, Houston, TX | Sold and Financed by Berkadia 2022

Berkadia Arranges Sale and Finance of Garden-Style Multifamily Community in North Houston Trinnium Equity Group acquired Cypress Parc HOUSTON (January 13, 2023) – Berkadia announces it has arranged the sale and finance of Cypress Parc, a 200-unit garden-style multifamily community in Houston, Texas. Managing Directors Chris Young and Joey Rippel, Director Kyle Whitney, Managing Director […]

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January 17, 2023

Tampa Heights Apartments, Tampa, FL | Financed by Berkadia 2023

Loci Capital & Maifly Development Secure $92 Million in Construction Financing to Build New Apartments in Tampa Berkadia sourced the debt and preferred equity partner TAMPA, Fla. (January 12, 2023) – Berkadia announces it has arranged $92 million in debt and preferred equity financing for the construction of Tampa Heights Apartments, a new 321-unit, mixed-income […]

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January 13, 2023

Emerald Point Apartments & Townhomes, Virginia Beach, VA | Financed by Berkadia 2023

Berkadia Secures Over $80 Million in Financing for Multifamily Property in Virginia WASHINGTON, D.C. – January 11, 2022 – Berkadia is proud to announce that it has secured financing for Emerald Point Apartments & Townhomes, an 863-unit multifamily property located in Virginia Beach, Virginia. Patrick McGlohn, Miles Drinkwalter, and Patrick Cunningham of Berkadia DC Metro […]

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January 10, 2023

Vista Denver, Denver, CO | Berkadia 2023

Berkadia Sources Sources Equity For Amplify Development Company to Acquire A Value-Add Student Housing Property in Denver DENVER – January 10, 2023 – Berkadia announced today that it has sourced a joint venture equity partner for Amplify Development Company, a national development, investment and management company, to acquire Vista Denver, nine-story, 84-unit, 284-bed student housing […]

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