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Berkadia Completes Over $26 Million Sale of High-Rise Mixed-Use Property in Los Angeles

LOS ANGELES – January 9, 2020 – Berkadia announced today the $26.2 million sale of Guardian Arms Apartments, a 101-unit high-rise mixed-use property located at 5217-5233 Hollywood Blvd. in Los Angeles. Managing Directors Jim Fisher and Robin Ossenbeck and Senior Director Mike Smith of Berkadia’s Los Angeles office completed the sale on behalf of the […]

Berkadia Completes Sale of Large Multifamily Property in Riverside

LOS ANGELES and IRVINE, Calif. – August 27, 2019 – Berkadia announced today the $53.5 million sale of Canyon Crest Views, a 178-unit multifamily property in Riverside, California. The property’s excellent mix of predominantly two- and three-bedroom townhomes with two-car garages helped to push the pricing north of $300,000 per-unit for a 1980’s vintage asset. […]

Berkadia Completes $72 Million Sale of Value-Add Property in Long Beach, California

Long Beach Multifamily Value-Add Opportunity Goes for $72 Mil | RENTV Long Beach Property Sells for $72M | Multi-Housing News IRVINE, Calif. – February 20, 2019 – Berkadia announced today the $72 million sale of The Landing at Long Beach, a 206-unit property in Long Beach, California. Managing Director Joe Leon of the Irvine, California […]

Berkadia Completes $42 Million Sale of Southern California Multifamily Property

TruAmerica Divests Ontario MF for $42M | Connect Commercial Real Estate TruAmerica Expands Las Vegas Portfolio with $62M Buy | Multi-Housing News Dealmaker: Berkadia Secures $50M for Multifamily | Mortgage Bankers Association Inland Empire Community Sells for $42M | Multi-Housing News Advanced Real Estate Services Buys Ontario, Calif., Residential Property for $42.25Mln | Commercial Real […]

Berkadia Completes $20.5 Million Sale of Multifamily Property in San Pedro, California

The LA Deal Sheet | Bisnow LOS ANGELES – November 13, 2018 – Berkadia today announced the $20.5 million sale of Bayridge Apartment Homes, a garden-style condo-mapped multifamily community in San Pedro, California. Managing Director Jim Fisher and Senior Director Mike Smith of Berkadia’s Los Angeles office—who previously sold the property to Los Angeles-based TruAmerica […]

Berkadia Completes $36.28 Million Sale of Los Angeles Multifamily Property

LOS ANGELES and IRVINE, Calif. – September 25, 2018 – Berkadia recently completed the $36.28 million sale of San Pedro Bank Lofts, a loft-style multifamily property in Los Angeles’ San Pedro community. Managing Directors Jeff Rowerdink and Joe Leon of the Irvine, California office, along with Managing Director Jim Fisher and Senior Director Mike Smith […]