Berkadia Completes Sale of Multifamily Property in Jacksonville, Florida
JACKSONVILLE, Fla. and BIRMINGHAM, Ala. – July 6, 2022 – Berkadia announced today the sale of The Commons, a 328-unit multifamily property located in Jacksonville, Florida. Director Greg Rainey of Berkadia Jacksonville and Managing Director David Etchison of Berkadia Birmingham completed the sale on behalf of the seller, California-based Strategic Holdings. The buyer was a […]
Berkadia Arranges Sale and Mortgage for Class AA Multifamily Property in Alabama
ATLANTA and BIRMINGHAM, Ala. – March 3, 2022 – Berkadia Institutional Solutions announced today the sale of Henry House at Clift Farm, a 273-unit garden-style multifamily property in the Huntsville, Alabama market. Managing Director Russ Hardy of Berkadia Atlanta and Senior Director David Wilson of Berkadia Birmingham completed the sale on behalf of the seller, […]
Berkadia Brokers Sale of 315-Unit Apartment Property in Birmingham, Alabama
Birmingham, AL – June 17, 2021— Berkadia announced today the sale of The Point at Oak Mountain, a 315-unit Class B multifamily property in Birmingham, Alabama. Senior Director David Wilson, Associate Director Caleb Frizzell and Director Steve Nunnelley of Berkadia Alabama arranged the sale on behalf of the seller, Waypoint Residential. Waypoint acquired the property […]
Berkadia Arranges Sale and Financing of 322-Unit Apartment Property in Birmingham, Alabama
Birmingham, AL – May 13, 2021— Berkadia announced today the sale of 100 Inverness, a 322-unit Class B multifamily property Birmingham, Alabama. Senior Director David Wilson, Associate Director Caleb Frizzell and Director Steve Nunnelley of Berkadia Birmingham, with support from David Oakley of OG Capital, arranged the sale on behalf of Colorado-based FPA Multifamily. Senior […]
Berkadia Arranges Sale and Financing of the Largest Apartment Property in Alabama
Westside Capital Group acquired the 1,060-unit The Park at Hoover in Birmingham Birmingham, Ala. (March 17, 2021) — Berkadia announced today the sale of The Park at Hoover, a 1,060-unit garden-style multifamily property located on 101 acres in the heart of the City of Hoover, Birmingham’s largest suburb. This Class B property is the largest […]
Berkadia Completes Record-Breaking Sale for 722-Unit Multifamily Property in Birmingham, Alabama
BIRMINGHAM, Ala. — December 18, 2020 — Berkadia announced today the sale of Valora at Homewood, a 722-unit garden-style multifamily property attractively located minutes from downtown Homewood and just over the mountain from downtown Birmingham. This deal represents a record high price-per-unit for large Class B product of this vintage in the Birmingham market. Senior […]
Berkadia Secures Over $27 Million in Combined Financing for Two Multifamily Properties in Alabama
BIRMINGHAM, Ala. – June 24, 2020 – Berkadia announced today the financing secured for Peppertree and Halcyon Park, two garden-style multifamily properties in Montgomery, Alabama. Managing Director Thomas Genetti of Berkadia’s Birmingham, Alabama office secured the $27.45 million in combined permanent refinancing for the property on behalf of the sponsor. Both properties were refinanced through […]
Berkadia Secures Over $31 Million in Financing for Student Housing Property in Texas
BIRMINGHAM, Ala. – May 15, 2020 – Berkadia announced today the financing secured for The Junction at College Station, a student housing property in College Station, Texas. Managing Director Thomas Genetti of Berkadia’s Birmingham, Alabama office secured the $31.7 million, 10-year term permanent financing for the property on behalf of the borrower, an undisclosed entity, […]
The Sound at St. Martin Apartments, Jackson MS | Sold by Berkadia 2020
BIRMINGHAM, Ala. and BATON ROUGE, La. – April 14, 2020 – Berkadia announced today the sale of The Sound at St. Martin Apartments, a 181-unit garden-style multifamily property in Jackson, Mississippi. Senior Managing Director David Oakley, Senior Director David Wilson and Associate Director Jay Briley of Berkadia’s Birmingham, Alabama office, along with Managing Director Gregg […]
The Met Apartments, Hattiesburg MS | Sold by Berkadia 2019
BIRMINGHAM, Ala. and BATON ROUGE, La. – December 18, 2019 – Berkadia announced today the sale of The Met Apartments, a 288-unit garden-style multifamily property in Hattiesburg, Mississippi. Senior Managing Director David Oakley, Senior Director David Wilson and Associate Director Jay Briley of Berkadia’s Birmingham, Alabama office, along with Managing Director Gregg Cordaro of Berkadia’s […]