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Berkadia Arranges $70.76M Bridge Loan for Trophy 640-Bed Mixed-use Student Housing Complex at Creative Village in Downtown Orlando

Represents the largest student housing refinancing in the Southeastern U.S. this year ORLANDO (December 9, 2021) – Berkadia announces it has secured a $70.76 million bridge loan for UnionWest at Creative Village, a trophy 640-bed, mixed-use, high-rise student housing complex located in Downtown Orlando, Florida, serving the UCF/Valencia Downtown Campus. Managing Directors Michael Weinberg and […]

Berkadia Arranges Financing for Acquisition of Downtown Miami Parking Garage

Sageblan Investments acquired the SunTrust Parking Garage which is entitled for up to 800 residential units, 120 hotel keys, and 7,205 square feet of retail space MIAMI (November 2, 2021) – Berkadia announces it has secured an $18.25 million loan for the acquisition of the SunTrust Parking Garage in Downtown Miami, an 863-space parking garage […]

Berkadia Arranges $24M Recap of Florida Office Portfolio

Clearwater and Fort Lauderdale, Fla. (October 19, 2021) – Berkadia announces it has secured a $24 million bridge loan to refinance a 269,843-square-foot office portfolio in Clearwater and Fort Lauderdale, Fla. The three-property portfolio consists of Arbor Shoreline and Countryside Corporate Centre, both in Clearwater, and Galleria Corporate Center in Fort Lauderdale. Managing Director Rebecca […]

Berkadia Arranges $14.1M Acquisition Loan for Miami Industrial Asset

MIAMI, FL – July 12, 2021 – Berkadia announces it has arranged $14.1 million in acquisition financing on behalf of Foundry Commercial for the acquisition of America’s International Center, a 147,000-square-foot industrial park in Doral, Florida. Managing Directors Michael Weinberg and Rebecca Van Reken along with Associate Director Alec Fox of Berkadia Orlando secured the […]

Berkadia Secures Senior Loan for Repositioned Mixed-Use Property in Jacksonville, Florida

ORLANDO, FL– July 7, 2021 – Berkadia today announced the refinancing of San Marco East Plaza, a 94 percent leased property in Jacksonville, Florida. Managing Director Rebecca Van Reken and Associate Director Alec Fox of Berkadia Orlando secured the bank financing on behalf of the owner, Prescott Group. Dallas-based Prescott Group took ownership of the […]

Berkadia Secures $14.3 Million Construction Loan for VA Clinic in Sumter, SC

Sumter, SC (June 16, 2021) – Berkadia announces it has arranged $14.3 million in construction financing for the development of a Veterans Affairs clinic in Sumter, South Carolina, just east of Columbia. Managing Directors Michael Weinberg and Rebecca Van Reken, along with Associate Director Alec Fox of Berkadia Orlando, secured the financing on behalf of […]

Berkadia Secures $24 Million Construction Take-Out Loan for New Georgia Workforce Community

HINESVILLE, GA (August 3, 2020) – Berkadia announces it has procured financing for the recapitalization of Liberty Club Apartments, a new 240-unit, garden-style apartment community located in Hinesville, Georgia. Managing Director Michael Weinberg and Associate Directors Alec Fox and Wesley Moczul of Berkadia’s Orlando office secured the $24.01 million loan on behalf of the sponsor, […]