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, […]