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Berkadia Secures Nearly $40 Million in Financing for Two Midwestern Multifamily Properties

CHICAGO – January 28, 2021 – Berkadia today announced $39.1 million in combined HUD-insured financing secured for Covington Place Apartments and Cape Cod Village Apartments. The properties are both market-rate, garden-style multifamily properties located in Missouri and Illinois. Managing Director Paul Matusiak of Berkadia’s Chicago office arranged the HUD Section 223(a)7 multifamily loans on behalf […]

Berkadia Secures $23 Million in Financing for Multifamily Property in Washington

CHICAGO – October 15, 2019 – Berkadia today announced $23.2 million in permanent financing secured for The Tuscany on Pleasant View, a multifamily property in Madison, Wisconsin. Senior Director Paul Matusiak of Berkadia’s Chicago office secured the financing on behalf of The Gallina Companies, a local sponsor. The transaction closed on September 26. The 35-year […]