Berkadia Secures $72 Million in Construction Financing for Multifamily Property in Florida
LOS ANGELES – November 8, 2021 – Berkadia today announced the financing secured for the development of Palm Beach Riverstone, a midrise multifamily property in West Palm Beach, Florida. Senior Director George Spadier of Berkadia Los Angeles secured the $72 million in construction financing for the property through a correspondent life company. The deal closed […]
Berkadia Secures Over $44 Million in Combined Financing for Two Multifamily Properties
IRVINE, Calif. – May 6, 2020 – Berkadia today announced the $44.38 million in combined financing secured for two multifamily properties, Vineyard Village in Southern California and Wellington Park in Texas. Managing Director Charles Christensen, Senior Director Vincent Punzi and Vice President of Originations Lowell Takahashi of Berkadia’s Irvine, California office secured the permanent financing […]
Berkadia Secures Nearly $47 Million in Financing for Five Properties in California and Texas
LOS ANGELES, CA – January 6, 2019 – Berkadia today announced $46.95 million in financing for five different properties in Southern California and Texas. Senior Director George Spadier of Berkadia’s Los Angeles office completed the financings for three separate borrowers. “With recent volatility in rates, lender spreads and floors have been moving significantly and often, […]
Berkadia Adds Three New Directors to Mortgage Banking Team as 2019 Gets Off to a Solid Start
New York, NY – March 11, 2019 – Berkadia today announced the addition of three new members to its mortgage banking team: Managing Directors Carolyn Whatley and Laura Beaton, as well as Senior Director George Spadier. Berkadia’s mortgage banking team employs more than 135 advisers in 31 offices across the country. In 2018, Berkadia’s loan […]