Berkadia Closes Over $2 Billion in HUD Financing in First Half of 2021
Berkadia’s record breaking HUD production continues as team heads into the second half of the year with strong momentum WASHINGTON D.C. – August 2, 2021 – Berkadia’s HUD specialists have completed more than $2.1 billion in financing across 114 closings in the first half of the year. The team closed the final week of the […]
Berkadia Closes More Than $1 Billion in HUD Financing in First Quarter of 2021
WASHINGTON D.C. – April 28, 2021 – Berkadia’s HUD specialists have completed more than $1.25 billion in financing across 70 closings in the first three months of the year. On the heels of a record 2020, with more than $3 billion in closed HUD financing, the team expects to remain active in 2021 as the […]
Berkadia Seniors Housing & Healthcare Group Secured Nearly $1 Billion in Financing in 2020
WASHINGTON, D.C. – January 29, 2021 – Berkadia’s Seniors Housing & Healthcare group secured nearly $1 billion in financing in 2020. The team’s 83 transactions encompassed a range of high occupancy property types—assisted living, skilled nursing, memory care—across the country. “The COVID-19 pandemic presented unique challenges to the seniors housing and healthcare market and we […]
Berkadia Secures More Than $3 Billion in HUD Financing in 2020 To-Date
WASHINGTON D.C. – December 14, 2020 – Berkadia’s HUD-specialized team has surpassed $3 billion in total HUD-sponsored production in 2020 thus far, following the closing of an $83.7 million for a garden-style multifamily property on behalf of California-based Tomanek Group, LLC. With this deal being the latest of many recent closings, the team is on […]
Berkadia Adds Tom Gleason to Its Expanding Affordable Housing Team
BOSTON – January 26, 2018 – Berkadia today announced the addition of Tom Gleason to its Affordable Housing team. Tom will be working to coordinate the provision of affordable housing financing initiatives as Berkadia continues to grow its affordable housing platform. “We’re deeply committed to the affordable housing space and the vital role it plays […]
Berkadia Increases Housing and Urban Development Underwriting Team Nearly 50 Percent, Anticipates Increased Activity in 2018
BOSTON, MA – January 8, 2018 – Berkadia today announced that it added 19 members to its Housing and Urban Development (HUD) underwriting team in 2017, increasing its overall HUD underwriting team size by 50 percent and underscoring its commitment to HUD financing. During HUD’s 2017 fiscal year, the team arranged more than $2.15 billion […]