Berkadia Completes $40 Million Sale and Secures Nearly $25 Million in Financing for Multifamily Property in Arizona
SEATTLE and TUCSON, Ariz. – July 30, 2019 – Berkadia announced today the sale of and financing for Palm Canyon Apartment Homes, a 368-unit garden-style multifamily property in Tucson, Arizona. Senior Managing Director Art Wadlund and Director Clint Wadlund of Berkadia’s Tucson, Arizona office completed the $40.3 million sale on behalf of the seller, Houston-based […]
Berkadia Secures Construction Financing for Newly Constructed Multifamily Property in Salt Lake City
SEATTLE – November 26, 2018 – Berkadia announced the permanent financing for District North Apartments, a 148-unit, newly-constructed multifamily property in Salt Lake City, Utah. Managing Director Louis Weisman of the Seattle office secured the refinancing through Freddie Mac on behalf of Henderson Development. The deal closed on November 16. The 13-year, fixed rate permanent […]
Berkadia Secures Construction Financing of $63.78 Million for Mixed-Use Development in Northern California
SEATTLE – December 19, 2017 – Berkadia announced today the closing of a $63.78 million construction loan for Vespaio at Diridon Station, a mixed-use property being built in San Jose, California. Managing Director Lou Weisman of the Seattle office secured the financing through a national debt fund on behalf The Hudson Companies. The property, to […]