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Archives

Berkadia Affordable Adds Head of Capital Markets to its Tax Credit Syndication Team

Philadelphia, PA – October 26, 2020 – Berkadia announced today the continued investment in its Tax Credit Syndication team with the addition of Marge Novak as SVP and Head of Capital Markets. “We’re excited to add such an experienced professional to our team,” said David Leopold, SVP and Head of Berkadia Affordable.  “The addition will […]

Berkadia Acquires LIHTC Advisors Brokerage, Expands Affordable Housing Presence

NEW YORK – September 3, 2020 – Berkadia announced today the acquisition of LIHTC Advisors, an Idaho-based brokerage firm dedicated to providing full-service solutions for apartment investors and focusing on Low Income Housing Tax Credit (LIHTC) and other affordable housing properties. Leading this team will be Jeff Irish and Brandon Grisham, former principals with LIHTC […]

Berkadia Announces Closing of McGuire Gardens

Philadelphia, PA – January 6, 2020 – Berkadia’s Affordable Housing team is pleased to announce it has invested $12.2 million in McGuire Gardens, a townhome style family community in Camden, NJ that provides 252 units of affordable housing. Initially constructed in 1953 and later renovated in 2002, McGuire Gardens contains 51 one- and two-story apartment […]

Berkadia and The Michaels Organization Close RAD Deal in Baltimore

Philadelphia, PA – January 6, 2020– Berkadia’s Affordable Housing team is pleased to announce it has invested $15 million in Rosemont Tower, a 203-unit senior living property in Baltimore, MD. The Property was originally built in 1984 and is comprised of a single 13-story elevator building. Of the 203 units, 21 units will offer special […]

Berkadia Announces Closing of Branch Village Phase IV

Camden, NJ – January 6, 2020 – Berkadia’s Affordable Housing team is pleased to announce it has invested $13 million in Branch Village Phase IV, a low-rise style three-story senior community in Camden, NJ that provides 58 units of affordable housing. The site sits on the former Clement T. Branch public housing development and has […]