Archives

Archives

One on 4th, Stillwater, OK | Financed by Berkadia 2022

Berkadia Secures Financing for Student Housing Property in Oklahoma IRVINE, Calif. – August 15, 2022 – Berkadia announced today the financing secured for One on 4th, a student housing property located in Stillwater, Oklahoma. Jie Lee and Ed Kim of Berkadia Irvine mortgage banking secured the $27.5 million in permanent acquisition financing on behalf of […]

The Vines at Riverpark, Oxnard, CA | Sold by Berkadia 2022

Berkadia Completes $93 Million Sale of Multifamily Community in California IRVINE, Calif. and LOS ANGELES – August 11, 2022 – Berkadia Institutional Solutions announced today the sale of The Vines at Riverpark, a 164-unit multifamily community located in Oxnard, California. Managing Director Adrienne Barr of Berkadia Los Angeles and Senior Director Mike Murphy of Berkadia […]

Encore 202 & 59 Roosevelt, Phoenix, AZ | Sold and Financed by Berkadia 2022

Berkadia Completes $125 Million in Combined Sales and Secures $85.7 Million in Financing for Two Multifamily Properties in Arizona PHOENIX and IRVINE, Calif. – July 29, 2022 – Berkadia announced today the combined sales and financing secured for Encore 202 & 59 Roosevelt, a 376-unit garden-style multifamily property located in Phoenix, Arizona. Senior Managing Directors […]

Ascent Townhomes, Fresno, CA | Sold by Berkadia 2022

IRVINE, Calif. – July 27, 2022 – Berkadia Institutional Solutions announced today the sale of Ascent Townhomes, a 248-unit multifamily property located in Fresno, California. Senior Director Mike Murphy and Associate Director Thomas Bender of Berkadia Irvine comple­ted the $82 million sale on behalf of the seller, a Joint Venture between Artemis Real Estate Partners […]

Berkadia Completes $123 Million Sale Of Multifamily Property In California

IRVINE, Calif. – June 29, 2022 – Berkadia Institutional Solutions announced today the sale of Camino Real, a 272-unit multifamily property located in Rancho Cucamonga, California. Managing Director Derrek Ostrzyzek, Senior Managing Directors Tom Moran Jr. and Rachel Parsons and Senior Director Mike Murphy of Berkadia Irvine completed the $123 million sale on behalf of […]

Berkadia Completes Over $73 Million in Combined Sales and Secures Over $57.7 Million in Combined Financing for Three Multifamily Properties in Tacoma, Washington

BELLEVUE, Wash., IRVINE, Calif. and SEATTLE – June 15, 2022 – Berkadia announced today the $73.425 million in combined sales and the $57.72 million in combined financing secured for a three-property multifamily portfolio located in Tacoma, Washington. The properties in this portfolio include: Terra Heights: Senior Managing Director Kenny Dudunakis, Managing Directors Ben Johnson and […]

Berkadia Secures Financing for Student Housing Property in Alabama

IRVINE, Calif. – June 13, 2022 – Berkadia announced today the financing secured for The Walk, a purpose-built student housing property located in Tuscaloosa, Alabama. Ed Kim and Jie Lee of Berkadia Irvine secured the permanent acquisition financing on behalf of the borrower, California-based Versity Invest, LLC. The deal closed on April 29. The seven-year […]

Berkadia Completes $142 Million Sale and Secures $108.5 Million in Financing for Multifamily Property in Arizona

PHOENIX and IRVINE, Calif. — June 8, 2022 — Berkadia Institutional Solutions announced today the sale of and financing secured for Indian Springs Mesa, a 460-unit garden-style multifamily property located in Mesa, Arizona. Senior Managing Directors Ric Holway and Mark Forrester, Managing Director Dan Cheyne, Senior Director Spencer Scott and Director Andrew Curtis of Berkadia […]

Berkadia Institutional Solutions Completes $325 Million Sale of Multifamily Property in Phoenix

PHOENIX, IRVINE, Calif. and SAN FRANCISCO – March 17, 2022 – Berkadia Institutional Solutions announced today the sale of the largest multifamily asset in the state of Arizona: The 1,222-unit Vaseo Apartments. The seller, a partnership led by DivcoWest and Klein Financial Corporation, was represented by Co-Head of Investment Sales and Head of Berkadia Institutional […]