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 Closes on 14 Properties Across Six States in the Midwest for a Total of $214.75 Million
CHICAGO, KANSAS CITY, Mo., MEMPHIS, Tenn. and LEXINGTON, Ky. – October 28, 2020 – Berkadia today announced that in just the past eight weeks, their Midwest brokerage team closed on $214.75 million in combined sales of 14 properties, including Oak Tree Square Apartments, Lakeside Village, Cold Storage Lofts, Citadel Suites and Apartments and Ames 6 […]
Berkadia Completes $24.5 Million Sale and Secures Over $17 Million in Financing for Multifamily Property in Phoenix
PHOENIX – August 12, 2020 – Berkadia today announced the sale and financing secured for Tides on Thomas, a garden-style multifamily property totaling 187-units in Phoenix. Senior Managing Director Ric Holway, Senior Director Dan Cheyne and Senior Managing Director Mark Forrester of Berkadia’s Phoenix office completed the $24.5 million sale on behalf of the seller, […]
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, […]