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November 23, 2021

Berkadia Secures Over $86 Million in Financing for Multifamily Property in Arizona

LOS ANGELES – November 23, 2021 – Berkadia today announced the financing secured for Elite North Scottsdale, a 360-unit garden-style multifamily property located in Scottsdale, Arizona. Managing Director Allan Freedman and Associate Director Nick Provost of Berkadia Los Angeles secured the $86.22 million in permanent acquisition financing on behalf of the borrower, California-based The Ezralow […]

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November 19, 2021

Berkadia Arranges $25.25 Million Loan for Acquisition of Apartments in Savannah, Georgia

SAVANNAH, Ga. (November 19, 2021) – Berkadia announces it has secured $25.25 million in financing for the acquisition of River Walk Savannah, a 220-unit apartment home community in Savannah, Georgia. Senior Managing Director Mitch Sinberg, Director of Operations Jared Hill and Associate Director Matt Robbins of Berkadia Boca Raton arranged the financing on behalf of […]

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November 17, 2021

Berkadia Secures $35 Million in Financing for Multifamily Property in Missouri

KANSAS CITY, Mo. – November 17, 2021 – Berkadia announced today the financing secured for Flashcube, a 184-unit high-rise multifamily property in Kansas City, Missouri. Managing Director John J. Schorgl of Berkadia Kansas City secured $35 million in refinancing on behalf of the borrower, Missouri-based Worcester Investments. The deal closed on November 12. The two-year […]

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November 17, 2021

Berkadia Arranges $35.4 Million Sale of Townhome Community in Lake Worth, Florida

WEST PALM BEACH, Fla. (November 17, 2021) – Berkadia announces it has arranged the sale of the Oakwood Apartments, a 160-unit, garden-style, townhome community in Lake Worth, Florida. Senior Managing Directors Jaret Turkell and Roberto Pesant, along with Associate Omar Morales and Senior Analyst Jose Mota, marketed the property on behalf of One Real Estate […]

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November 16, 2021

Berkadia Completes $113.5 Million Sale of Multifamily Property in Las Vegas

LAS VEGAS — November 17, 2021 — Berkadia announced today the $113.5 million sale of Wynn Palms, a 555-unit garden-style multifamily property in Las Vegas, Nevada. Director Jared Glover of Berkadia Las Vegas completed the sale on behalf of the buyer, California-based Tides Equities. The seller was 3D Investments LLC, also based in California, and […]

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November 16, 2021

Berkadia Completes $76 Million Sale of Three-Property Multifamily Portfolio in South Carolina

ATLANTA and CHARLESTON, S.C. — November 16, 2021 — Berkadia announced today the $76 million sale of West Ashley Portfolio, a three-property multifamily portfolio located in Charleston, South Carolina. Senior Managing Directors Paul Vetter and Andrew Mays of Berkadia Atlanta and Managing Director Mark Boyce and Director Blake Coffey of Berkadia Charleston completed the sale […]

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November 16, 2021

Berkadia Completes Sale of Two Multifamily Properties in Georgia

ATLANTA – November 16, 2021 – Berkadia announced today the combined sale of Bristol Creek and The Reserve, two garden-style multifamily properties located in Georgia. Senior Director Judy MacManus, Senior Managing Directors Andrew Mays and Paul Vetter and Director Matt White of Berkadia Atlanta completed the transaction on behalf of the seller, California-based Praxis Capital. […]

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November 12, 2021

Berkadia Expands Investment Sales Presence in Minnesota

MINNEAPOLIS, MN – November 10, 2021 – Berkadia announced the expansion of its investment sales presence in Minnesota with the addition of Director Molly Podratz to its Investment Sales platform. She will focus on institutional sales and report to Senior Managing Director Pete Evans. Evans and his team have completed over $1.3 billion in multifamily […]

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November 11, 2021

Berkadia Institutional Solutions Completes $65 Million Sale of Multifamily Property in Illinois

CHICAGO and MILWAUKEE – November 10, 2021 – Berkadia Institutional Solutions announced today the $65 million sale of The Reserve at Evanston, a 193-unit midrise multifamily property located in Evanston, Illinois. Senior Managing Director Pete Evans of Berkadia Chicago and Senior Director Richard Evans of Berkadia Milwaukee completed the sale on behalf of the seller, […]

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November 11, 2021

Berkadia Secures Over $22 Million in Financing for Multifamily Property in Chicago

INDIANAPOLIS — November 12, 2021 — Berkadia announced today the financing secured for Park Heights at the Lake, a 106-unit high-rise multifamily property in Chicago, Illinois. Managing Director Jason Brown and Senior Real Estate Analyst Austin Katai of Berkadia Indianapolis secured the $22.575 million in permanent refinancing on behalf of the borrower, Indianapolis-based Zidan Management […]

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