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Berkadia Arranges Sale and Financing of 1,002-unit Apartment Community in Memphis

Blue Magma Residential acquired the property from CapReit Memphis, Tenn. (August 16, 2021) – Berkadia announces it has arranged the sale and financing of a 1,002-unit apartment community in Memphis, Tennessee. Senior Director Patrick Jordan of Berkadia’s Memphis office represented the seller, CapReit, a leading multifamily real estate company with offices in suburban Washington D.C. […]

Berkadia Completes Over $72 Million in Combined Sales and Over $38 Million in Combined Financing for Multifamily Properties Across Six States

CHICAGO, KANSAS CITY, Mo., MEMPHIS, Tenn., and LEXINGTON, Ky. – May 18, 2020 – Berkadia today announced the sales of six multifamily properties: Bowen Towers, Wilmington Apartments, Village Woods, Brickstone at Woodlawn, London Square and Central Pointe. Together, the properties include 945 total units in secondary and tertiary markets across Illinois, Kansas, Missouri, Oklahoma, Arkansas […]

Berkadia Completes $46.5 Million Sale of Multifamily Property in Tennessee

CHICAGO and MEMPHIS, Tenn. – November 18, 2019 – Berkadia announced today the sale of Waterford Landings, a 364-unit garden-style multifamily property in Clarksville, Tennessee. Senior Director Patrick Jordan of Berkadia’s Memphis office, along with Senior Managing Director Alex Blagojevich of Berkadia’s Chicago office, completed the $46.5 million sale on behalf of the seller, Arizona-based […]

Berkadia Completes Sale of Multifamily Property in Little Rock, Arkansas

CHICAGO and MEMPHIS, Tenn. – October 9, 2019 – Berkadia announced today the sale of Park Avenue Lofts, a 258-unit midrise multifamily property in Little Rock, Arkansas. Senior Director Patrick Jordan of Berkadia’s Memphis office and Senior Managing Director Alex Blagojevich of Berkadia’s Chicago office together completed the sale on behalf of both the seller, […]