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Berkadia Completes $27.65 Million Sale of Multifamily Property in Virginia

NORFOLK, Va. and WASHINGTON, D.C.— September 9, 2021 — Berkadia announced today the sale of The Heritage at Settlers Landing, a 140-unit midrise-style multifamily property in Hampton, Virginia. Senior Managing Director Drew White, Director Carter Wood and Senior Director David Hudgins completed the $27.65 million sale on behalf of the seller, Virginia-based Levco Management. The […]

Berkadia Completes $17 Million Sale of Multifamily Property in Virginia

NEWPORT NEWS, Va. — June 17, 2020 — Berkadia today announced the $17 million sale of Brittany Place, a 148-unit garden-style market-rate property in Norfolk, Virginia. Senior Directors Alan Meetze and David Hudgins of Berkadia’s Newport News, Virginia office completed the sale on behalf of the seller, Virginia-based Affordable Housing Corporation. The buyer was 6143 […]

Berkadia Completes Over $26 Million Sale of Multifamily Property in Virginia

NEWPORT NEWS, Va. — April 3, 2020 — Berkadia today announced the $26.25 million sale of Regency at Longhill, a 224-unit garden-style multifamily property in Williamsburg, Virginia. Senior Directors Alan Meetze and David Hudgins of Berkadia’s Newport News, Virginia office completed the sale on behalf of the seller, Virginia-based Philip Richardson Company, Inc. The buyer […]

Berkadia Adds John Richards to Virginia Mortgage Banking Team

NEWPORT NEWS, Va. – May 17, 2019 – Berkadia today announced the addition of Managing Director John Richards to its Mortgage Banking team. Richards will be based out of the firm’s Newport News, Virginia office, and will report to Senior Managing Director John Reed. “We’re seeing sustained activity in the multifamily markets across Virginia,” said […]

Berkadia Completes $46 Million Sale of Multifamily Property in Virginia Beach

VIRGINIA BEACH, Va. – August 10, 2017 – Berkadia announced the recent $46 million sale of Ultris at Banyan Grove, a 288-unit, garden-style multifamily property located in Virginia Beach, Virginia that sold at a per-unit price of $159,722. Senior Directors Alan Meetze and David Hudgins of the Newport News office represented the seller, New Jersey-based, […]