Berkadia Institutional Solutions Completes $73.2 Million Sale of Multifamily Property in Arizona
PHOENIX – January 4, 2022 – Berkadia Institutional Solutions announced today the sale of The Bungalows on Estrella, a 183-unit garden-style multifamily property in Goodyear, Arizona. Senior Managing Director Mark Forrester and Director Andrew Curtis of Berkadia Phoenix completed the $73.2 million sale on behalf of the seller, Arizona-based Cavan Companies, LLC. The buyer was […]
Berkadia Expands Investment Sales Presence in Minnesota
MINNEAPOLIS, MN – November 10, 2021 – Berkadia announced the expansion of its investment sales presence in Minnesota with the addition of Director Molly Podratz to its Investment Sales platform. She will focus on institutional sales and report to Senior Managing Director Pete Evans. Evans and his team have completed over $1.3 billion in multifamily […]
4th + J, San Diego CA | Sold by Berkadia 2021
IRVINE, Calif. – November 5, 2021 – Berkadia Institutional Solutions announced today the sale of 4th + J, a brand-new luxury multifamily asset located in the Marina District in downtown San Diego, California. Managing Director Rachel Parsons and Senior Directors Derrek Ostrzyzek and Mike Murphy of Berkadia Irvine completed the sale on behalf of the […]
Berkadia Institutional Solutions Completes $82 Million Sale of Multifamily Property in Virginia
NORFOLK, Va. and WASHINGTON, D.C. — October 21, 2021 — Berkadia Institutional Solutions announced today the sale of Lumen, a 300-unit garden-style multifamily property in Hampton, Virginia, achieving a record breaking price per unit sale in the Hampton market. Senior Managing Director Drew White of Berkadia D.C. Metro and Director Carter Wood of Berkadia Norfolk […]
Berkadia Institutional Solutions Completes Sale of Multifamily Property in Illinois
CHICAGO and MILWAUKEE – October 22, 2021 – Berkadia Institutional Solutions announced today the sale of Birchwood on Sterling, a 719-unit garden-style multifamily property located in Palatine, Illinois. Senior Managing Director Pete Evans of Berkadia Chicago and Senior Director Richard Evans of Berkadia Milwaukee, along with support from local Berkadia colleagues, completed the sale on […]
Berkadia Institutional Solutions Completes One of the Largest Multifamily Sales Ever in Wisconsin
CHICAGO and MILWAUKEE — October 22, 2021 — Berkadia Institutional Solutions announced today the sale of Springs at Kenosha, a 480-unit multifamily property located in Kenosha, Wisconsin. Senior Managing Director Pete Evans and Managing Director Ralph DePasquale of Berkadia Chicago and Senior Director Richard Evans of Berkadia Milwaukee completed the sale, one of the largest […]
Berkadia Institutional Solutions Powered by Moran Completes Nearly $145 Million in Sales for Multifamily Portfolio in Atlanta
ATLANTA — September 17, 2021 — Berkadia Institutional Solutions, powered by Moran, announced today the sale of a two-property multifamily portfolio, consisting of The Mille Brookhaven and TwentyNine24 Brookhaven, located in Atlanta, Georgia. Managing Director Russ Hardy of Berkadia Atlanta completed the nearly $145 million in combined sales on behalf of the seller, California-based FPA […]