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Berkadia Secures Nearly $73 Million in Financing for Multifamily Property in Cleveland

CLEVELAND – July 29, 2021 – Berkadia today announced the financing secured for The Beacon, a high rise multifamily property located in Cleveland, Ohio. Senior Managing Director Mark Vogel and Managing Director Dan Geuther of Berkadia Cleveland secured the $72.9 million in refinancing on behalf of the borrower, Ohio-based Stark Enterprises. The deal closed on […]

Berkadia Secures Over $20 Million in Construction Financing for High-Rise Property in Cleveland

CLEVELAND – June 26, 2020 – Berkadia today announced the $20.75 million in construction financing secured for Public Square North, a high-rise multifamily property in Cleveland. Senior Managing Director Mark Vogel and Director Daniel Geuther of Berkadia’s Cleveland office secured the ground-up construction loan on behalf of the borrower, The Millennia Companies, also based in […]

Berkadia Secures $52.6 Million in Construction Financing for Midrise Property in Cleveland

CLEVELAND and CHICAGO – May 8, 2020 – Berkadia today announced the financing secured for The Ascent at Top of the Hill, a midrise multifamily property to-be-constructed in Cleveland, Ohio. Director Dan Geuther of Berkadia’s Cleveland office and Senior Director Michael Slovitt of Berkadia’s Chicago office secured the $52.6 million in construction financing for the […]

Berkadia Secures $77 Million in Financing for Hotel Property in Detroit

CLEVELAND – January 29, 2020 – Berkadia announced today the $77 million in financing secured for The Westin Book Cadillac, a full-service hotel in Detroit, Michigan. Director Dan Geuther of Berkadia’s Cleveland office secured the permanent refinancing for the property on behalf of Cleveland-based The Ferchill Group. The deal closed on January 22. The 10-year […]

Berkadia Secures Over $67 Million in Financing for Multifamily Property in Cleveland

CLEVELAND – October 30, 2019 – Berkadia announced today the $67.56 million in secured financing for Centric Apartments, a multifamily property with over 28,000 square feet of commercial space in the University Circle neighborhood of Cleveland, Ohio. Director Dan Geuther of Berkadia’s Cleveland office secured the permanent refinancing through Freddie Mac on behalf of Ohio-based […]

Berkadia Secures $34.27 Million in HUD 221(d)(4) Rehabilitation Financing for Multifamily Portfolio

Berkadia Arranges HUD Loan for Midwest Portfolio | Multi-Housing News  Berkadia Secures $34M in HUD Rehab Financing for Multifamily Portfolio | REJournals Berkadia Originates HUD Loans of Rock Island Apts. | Connect Commercial Real Estate Berkadia Secures $34.3M Rehab Financing for Multifamily Portfolio in Rock Island, Illinois | REBusiness Online  Berkadia’s Cleveland, Boston Offices Provide […]

Berkadia Secures $19 Million in Construction Financing for Retail Development in Ohio

OH Retail Development Receives $19M Construction Financing | Commercial Property Executive Berkadia Arranges $19 Million Construction Loan for Retail Property in Strongsville, Ohio | Shopping Center Business Somera Road Lines Up $19Mln Loan for Redevelopment of Cleveland-Area Building | Commercial Real Estate Direct Berkadia Arranges $19M Construction Loan for Retail Property in Strongsville, Ohio | […]

Berkadia Secures $33 Million in Financing for Office Property in Cleveland

Berkadia Finances Cleveland US Bank Center | Commercial Property Executive Berkadia Closes $33 Million Loan for Downtown Cleveland Office Building | REJournals Berkadia Arranges $33.4M Refinancing for US Bank Centre in Cleveland | REBusiness Online CLEVELAND – January 7, 2019 – Berkadia today announced the $33.2 million financing secured for the US Bank Centre, a […]

Berkadia Secures $37.9 Million Construction Loan for Cleveland Mixed-Use Property

Berkadia Provides $37 Million in Financing for Cleveland Redevelopment | REJournals  Cleveland Continues Transforming Into Residential Hub | GlobeSt.com Downtown Cleveland Redevelopment Receives $40M Loan | Multi-Housing News  CLEVELAND – October 9, 2018 – Berkadia today announced the $37.9 million financing of The Euclid Grand, a mixed-use historic redevelopment in downtown Cleveland that will feature […]