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Berkadia Completes $90 Million Sale and Secures $56 Million in Financing for Multifamily Property in Phoenix

PHOENIX – December 23, 2020 – Berkadia today announced the sale of and financing secured for Alanza Place, a 360-unit multifamily property comprised of a combination of four-story-podium and attached-garage luxury townhomes in Phoenix. Senior Managing Directors Mark Forrester and Ric Holway, Senior Director Dan Cheyne and Director Andrew Curtis of Berkadia’s Phoenix office completed […]

Berkadia Completes $16.2 Million Sale of Multifamily Property in Phoenix

PHOENIX – August 12, 2020 – Berkadia today announced the sale of Villa de Paz, a garden-style multifamily property totaling 120-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 $16.2 million sale on behalf of the seller, California-based Prado Revocable […]

Berkadia Completes $27 Million Sale of Multifamily Property in Phoenix

PHOENIX – February 13, 2020 – Berkadia today announced the sale of Del Mar, a 144-unit garden-style multifamily property in Phoenix. Senior Managing Directors Mark Forrester and Ric Holway and Senior Director Dan Cheyne of Berkadia’s Phoenix office completed the $27 million sale on behalf of the buyer, California-based Storm Properties, Inc. The seller was […]

Berkadia Completes Nearly $43 Million Sale and Secures Almost $28 Million in Financing for Multifamily Property Outside of Phoenix

PHOENIX, SAN FRANCISCO and TUCSON, Ariz. – January 23, 2019 – Berkadia today announced the sale of and financing secured for Avilla Town Square, a 152-unit multifamily property in Gilbert, Arizona. Senior Managing Directors Mark Forrester and Ric Holway and Senior Director Dan Cheyne of Berkadia’s Phoenix office, along with Senior Managing Director Art Wadlund […]

Berkadia Completes $36 Million Sale of Multifamily Property in Arizona

PHOENIX – January 23, 2020 – Berkadia announced today the $36.25 million sale of Azure Creek, a 160-unit garden-style multifamily property in Maricopa, Arizona. Senior Managing Directors Mark Forrester and Ric Holway and Senior Director Dan Cheyne of Berkadia’s Phoenix office facilitated the sale on behalf of the seller, California-based RK Properties. The buyer was […]