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Archives

Berkadia Secures $10.25 Million Equity Investment for Encore Multi-Family’s 208-unit Development in Phoenix Area Qualified Opportunity Zone

Chandler, Ariz. (Jan. 12, 2021) – Berkadia has sourced a capital partner for Encore Chandler, a 208-unit, class-A, multifamily development in Downtown Chandler between Dallas-based Encore Multi-Family and a Real Estate Investment Trust. Berkadia’s JV Equity & Structured Capital team led by Chinmay Bhatt, Noam Franklin and Cody Kirkpatrick brought the publicly traded REIT as […]

Berkadia Arranges Platform-Level Capital Partner for Monday Properties

Denver-based private equity firm FrontRange invested $50M to bolster Monday Properties’ growth in core and emerging markets New York  (December 2, 2020) – Berkadia today announced that it has arranged a strategic partnership between Monday Properties, an owner, operator, and industry-leading developer of commercial and residential real estate in highly targeted, supply constrained markets, and […]

Berkadia Arranges Debt & Equity for Acquisition of Two Multifamily Properties in New Orleans

 One Real Estate Investment (OREI) acquired Whitney Manor and Westchase Apartments, 579 units in total, for a combined $45.7 million New Orleans (September 23, 2020) – Berkadia announces it has secured debt and sourced an equity partner for the acquisition of a multifamily portfolio consisting of two properties in New Orleans, Louisiana,  totaling 579 units. […]

Berkadia Secures Preferred Equity Partner for Los Angeles County Apartments

Silver Star Real Estate acquired the 147-unit Amber Ridge for $49.7 million NEW YORK & LOS ANGELES (July 20, 2020) – Berkadia today announced that it has closed on an $8 million preferred equity investment for Silver Star Real Estate’s acquisition of Amber Ridge Apartments, 147-unit garden-style apartment community located on the outskirts of Los […]

Berkadia Arranges Equity Recapitalization For Six-Property Multifamily Portfolio

The portfolio includes 1,217 workforce housing units in Florida and Georgia  NEW YORK (May 18, 2020) – Berkadia today announced that it has arranged an equity recapitalization for a $138 million, 1,217-unit multifamily portfolio comprising six properties in Florida and Georgia. Berkadia’s Joint Venture Equity and Structured Capital Group, led by Noam Franklin, Chinmay Bhatt […]

Berkadia Arranges Debt & Equity for Acquisition of Apartments near Texas A&M University

College Station, Texas (May 12, 2020) – Berkadia announces it has secured debt and equity for the acquisition of the 192-unit Element at University Park in College Station, Texas. Senior Managing Director Mitch Sinberg of Berkadia’s Boca Raton office and Managing Director Brad Williamson of Berkadia’s Miami office secured a senior loan on behalf of […]

Berkadia Secures a Capital Partner for the Michaels Organization’s New $59 Million Luxury Ground-Up Multifamily Project in Austin, Texas

NEW YORK (March 11, 2020) – Berkadia today announced that it has secured a capital partner for The Michaels Organization’s new luxury living rental apartment community in Austin, Texas. The $59 million multifamily development, called Zoey, marks Michaels’ first entrance into the Austin market. Berkadia’s Joint Venture Equity and Structured Capital Group, led by Chinmay […]

Berkadia Secures Joint Venture Equity for Development of Austin Apartments

Austin, TX (December 10, 2019) – Berkadia today announced that it has secured a joint venture equity partner for Stillwater Capital’s garden-style multifamily development project in the South Austin Corridor in Austin, Texas. Berkadia’s Joint Venture Equity & Structured Capital Group, led by Chinmay Bhatt, Noam Franklin and Cody Kirkpatrick, arranged the joint venture equity […]

Berkadia Secures Debt and Equity Financing for Acquisition of Austin Apartments

One Real Estate Investment acquired Mira Vista Apartments Austin, Texas (Oct. 11, 2019) – Berkadia today announced that it has secured both the equity and debt financing for the acquisition of Mira Vista Apartments, a 200-unit garden-style property located in Austin, Texas. Senior Director Brad Williamson of Berkadia’s Miami office arranged the debt financing on […]