The Governor and Moderne Arrowhead, Phoenix, AZ | Berkadia JV Equity & Structured Capital
Berkadia Arranges $55.5M of Equity and Secures Programmatic Joint Venture Partner for Development of Two Multifamily Projects in Phoenix, Ariz. Moderne Apartments, along with joint venture partner BCDC, will develop The Governor, with 176 units, and Moderne Arrowhead, with 182 units PHOENIX (August 30, 2022) – Berkadia announces it has sourced both a joint venture […]
Michael Conway, JV Equity & Structured Capital | Hired by Berkadia 2022
Berkadia Welcomes Michael Conway as Senior Director, JV Equity & Structured Capital NEW YORK/DENVER (August 18, 2022) – Berkadia announces the appointment of Michael Conway as Senior Director to Berkadia JV Equity & Structured Capital, which specializes in arranging joint-venture equity and structured capital from a wide variety of institutional sources, both domestic and […]
Berkadia Arranges Equity Partner for Capstone Communities’ First Birmingham Build-for-Rent Community
Birmingham, Ala. (April 27, 2022) – Berkadia announces it has sourced an equity partner for Capstone Communities to develop The Cottages at Greystone, its first build-for-rent (BFR) community in the Greater Birmingham area. A low-density multifamily development, The Cottages will sit on approximately 30 acres within the well-established Greystone community, just minutes off Highway 280. […]
Berkadia Secures Capital Partner for Legacy Partners’ 296-Residence Mixed-Use Community in Dallas-Fort Worth Metro Area
DALLAS (March 8, 2022) – Berkadia announces it has identified and secured a JV equity partner for Legacy Partners to develop Merit, a 296-residence mixed-use community in Lewisville, a suburban market located north of Dallas, Tex. Chinmay Bhatt, Cody Kirkpatrick and Noam Franklin of Berkadia JV Equity & Structured Capital arranged Pondmoon Capital Holdings USA […]
Berkadia Secures Preferred Equity Partner for Recapitalization of 1,350-Bed Student Housing Portfolio
A private equity fund provided $22M for the recap of two student housing properties in Upstate New York, and one in Wilmington, North Carolina NEW YORK (February 14, 2022) – Berkadia announces it has secured a preferred equity partner for the recapitalization of a 499-unit/1,350-bed student housing portfolio owned by OC Ventures, a vertically […]
Berkadia Arranges Equity Partner for Capstone Communities’ Central Georgia Build-for-Rent Community
NEW YORK (February 3, 2022) – Berkadia announces it has sourced $13.2 million in equity for Capstone Communities to develop The Cottages at Warner Robins, a low-density multifamily development located in the central Georgia town of Warner Robins. The cottage-style community will provide flexible housing options for individuals and families looking to rent in the […]
Excelsior Hotel, Manhattan, NY | Financed by Berkadia 2022
Berkadia Secures $84M in Stretch Senior Financing for Hotel-to-Multifamily Conversion on Manhattan’s Upper West Side Developer Emmut Properties will transform the 126-room Excelsior Hotel into a Class A apartment property NEW YORK (January 10, 2022) – Berkadia announces it has secured stretch senior financing for developer Emmut Properties’ acquisition of Excelsior Hotel, a century-old landmark […]
JV Equity & Structured Capital | Berkadia
Berkadia JV Equity and Structured Capital Marks Record-Breaking Year Capitalizing Over $2B in Property Transactions 2021 was defined by unprecedented investor appetite for multifamily, single-family-rental, and student housing assets NEW YORK (January 7, 2022) – Berkadia JV Equity & Structured Capital, a dedicated team of professionals at Berkadia that focuses exclusively on the equity side […]
Berkadia Secures $17.5 million of JV Equity for Acquisition of 242-unit Apartment Community Near Atlanta
MLG Capital provided $17.5 million in JV equity for the acquisition of Wildcreek Apartments in Clarkston, Ga. ATLANTA (December 20, 2021) — Berkadia announces it has secured a JV equity partner for the off-market acquisition of Wildcreek Apartments, a 242-unit Class B apartment community located in Clarkston, Ga. Chinmay Bhatt, Noam Franklin and Cody Kirkpatrick […]
Berkadia Arranges $62M Stretch Senior Loan for Acquisition of 568 Bed Student Housing Property in Baltimore
PIMCO provided the loan for the acquisition of Nine East 33rd, a 157-unit/568-bed off-campus student housing property near the main entrance of Johns Hopkins University Baltimore, MD (November 23, 2021) – Berkadia announces it has secured a $62 million stretch senior loan for the acquisition of Nine East 33rd, a 157-unit/568-bed off-campus student housing property […]