NEW YORK – March 20, 2023 – Berkadia announced today the acquisition of BlueSuit’s technology platform, an AI-driven data extraction solution, specific to commercial real estate documents. As a result of the acquisition, members of BlueSuit will be joining Berkadia and reporting to Chief Technology Officer Gary Mumford. “While many of our competitors are reducing […]
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Berkadia Completes Sale of Multifamily Property in Los Angeles IRVINE, Calif. – March 17, 2023 – Berkadia Institutional Solutions announced today the sale of Angelene, a 179-unit apartment community located in the West Hollywood neighborhood of Los Angeles, California. Managing Director Derrek Ostrzyzek, Senior Managing Directors Tom Moran and Rachel Parsons and Senior Director Mike […]
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Berkadia Completes $64 Million Sale of Multifamily Property in Maryland WASHINGTON D.C. – March 9, 2023 – Berkadia Institutional Solutions announced today the sale of Solaire Wheaton, a 232-unit multifamily property located in Silver Spring, Maryland. Senior Managing Directors Walter Coker and Brian Crivella and Director Bill Gribbin of Berkadia DC Metro completed the $64 […]
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Berkadia Completes $68.3 Million Sale and Secure Financing for Build-for-Rent Community in Arizona PHOENIX and SCOTTSDALE, Ariz. – March 6, 2023 – Berkadia announced today the sale of and financing secured for Havenly Fountain Hills, a new and recently stabilized 147-unit build-for-rent (BTR) community located in Fountain Hills, Arizona. Senior Managing Director Mark Forrester of […]
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Berkadia Closed The $29.49 Million Sale of the 161-Key Holiday Inn Express & Suites in Santa Ana, California SANTA ANA, CA – February 27, 2023 – Berkadia announced today the sale of the Holiday Inn Express & Suites Orange County – Santa Ana, a 161-key select-service hotel in Santa Ana, California. Managing Director Scott Hall […]
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Berkadia Arranges Sale of Class A Apartment Community in Houston’s Urban Core HOUSTON (February 23, 2023) – Berkadia Institutional Solutions announces it has arranged the sale of Metro Greenway, a 309-unit, mid-rise multifamily community in Central Houston. Senior Managing Directors Todd Marix and Chris Curry, Managing Directors Jeffrey Skipworth, Chris Young and Joey Rippel, and […]
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Commercial Real Estate Professionals Expect Increase in Apartment Supply as Market Stabilizes to Pre-Pandemic Conditions Investors remain focused on strengthening portfolios across regions, demonstrating resiliency in uncertain market conditions, according to Berkadia’s 2023 Outlook Powerhouse Poll NEW YORK – February 16, 2023 – Berkadia’s 2023 Outlook Powerhouse Poll finds that overall, 2022 marked an inflection […]
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Berkadia Completes $20.35 Million Sale of Multifamily Property in California LOS ANGELES – February 7, 2023 – Berkadia announced today the sale of YOLO West Apartments, a 45-unit multifamily property, plus retail stores, located in Ventura, California. Managing Director Adrienne Barr of Berkadia Los Angeles completed the $20.35 million sale on behalf of the seller, […]
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Berkadia Arranges $113 Million Refinance of New Class A Office Complex in Miami’s Wynwood District Gateway at Wynwood was completed in 2022 MIAMI (February 15, 2023) – Berkadia announces it has arranged a $113 million loan to refinance Gateway at Wynwood, a 220,000-square-foot, Class A office and retail project designed by Kobi Karp in Miami’s […]
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Berkadia Arranges Sale of 1-Acre Site near Brightline in Downtown Miami to New-to-Market Chicago Developer The $39.5 million sale marks The John Buck Co.’s debut in the South Florida market MIAMI (February 8, 2023) – Berkadia announces it has arranged the sale of an Opportunity Zone-designated site in the heart of Downtown Miami for a […]
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