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Berkadia Secures Financing for Student Housing Property in Alabama

IRVINE, Calif. – June 13, 2022 – Berkadia announced today the financing secured for The Walk, a purpose-built student housing property located in Tuscaloosa, Alabama. Ed Kim and Jie Lee of Berkadia Irvine secured the permanent acquisition financing on behalf of the borrower, California-based Versity Invest, LLC. The deal closed on April 29. The seven-year […]

Berkadia Completes Nearly $250 Million in Combined Sales of Nine Student Housing Properties Across the US

DETROIT, CHICAGO, HOUSTON and CHARLESTON, S.C.– February 2, 2021 – Berkadia today announced $247.3 million in combined sales of nine student housing properties totaling 4,376 beds.  The various assets serve University of Notre Dame, Wright State University, Clemson University and Montana State University.  Senior Managing Directors Kevin Larimer and Brandon Buell of Berkadia’s Student Housing […]

Berkadia Scores $23 Million Loan for Student Housing Complex at Florida State University

Tallahassee, Fla. (September 14, 2020) – Berkadia announces it has secured a $23 million  loan to refinance a  construction loan for  CollegeTown II, a mixed-use development consisting of student housing, retail and parking located in downtown Tallahassee, Florida. Managing Director Brad Williamson of Berkadia’s Miami office arranged the loan on behalf of Seminole Boosters, the […]

Berkadia Completes Sale of Multifamily Property in Michigan

CHICAGO and DETROIT – June 15, 2020 – Berkadia today announced the sale of Towne Square Apartments and Townhomes, the first 532-unit property of a 670-total-unit two-property portfolio in Lansing, Michigan. The second property is slated to close later this year. Senior Managing Director Kevin Dillion, Managing Directors Jason Krug and Rick Vidrio, Senior Director […]

Berkadia Secures Over $31 Million in Financing for Student Housing Property in Texas

BIRMINGHAM, Ala. – May 15, 2020 – Berkadia announced today the financing secured for The Junction at College Station, a student housing property in College Station, Texas. Managing Director Thomas Genetti of Berkadia’s Birmingham, Alabama office secured the $31.7 million, 10-year term permanent financing for the property on behalf of the borrower, an undisclosed entity, […]