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Berkadia Secures Nearly $43 Million in Financing for Apartments in Virginia

RICHMOND, Va. – October 29, 2019 – Berkadia today announced the financing secured for four of the phases of Foxridge Apartments, a multifamily property in Blacksburg, Virginia. Senior Managing Director David Blake and Senior Director Steve Murden of Berkadia’s Richmond, Virginia office originated a cumulative total of $42.87 million in loans through HUD. The borrower […]

Berkadia Secures Nearly $16 Million in Construction Financing for Multifamily Property in Maryland

RICHMOND, Va. – August 22, 2019 – Berkadia today announced the financing of the second phase for Abberly Square Apartments, a new construction multifamily property in Waldorf, Maryland. Senior Managing Director David Blake and Senior Director Steve Murden of Berkadia’s Richmond, Virginia office originated the $15.65 million loan through Berkadia’s HUD program. The borrower was […]

Berkadia Secures $41 Million in Financing for Virginia Multifamily Property

Berkadia Secures $41M HUD Refinancing for Apartment Community in Richmond | REBusiness Online  RICHMOND, Va. – September 4, 2018 – Berkadia today announced the $41.02 million financing for Malvern Manor Apartments, a stately brick garden-style multifamily property in Richmond, Virginia. Senior Director Steve Murden and Senior Managing Director David Blake of the Richmond office secured […]

Berkadia Secures Over $96 Million in Financing for Apartments in Philadelphia and Virginia

PHILADELPHIA and RICHMOND, Va. – September 18, 2017 – Berkadia today announced that their HUD team recently secured financing totaling over $96.2 million for three properties through the HUD 223(f) and 221(d)(4) programs. Two of the loans were negotiated by Senior Directors Joseph DeGiorgi and Matt Cullison of Berkadia’s Philadelphia office on behalf of the […]