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January 23, 2018

Berkadia Completes $133 Million Sale of Multifamily Property North of Seattle

SEATTLE – January 23, 2018 – Berkadia today announced the $133.35 million sale of Ballinger Commons Apartment Homes, a multifamily property in Shoreline, Washington. Senior Managing Director Kenny Dudunakis and Directors Ben Johnson and David Sorensen of Berkadia’s Seattle office secured the deal on behalf of the seller, Essex Property Trust, Inc., based in California. […]

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January 16, 2018

Berkadia Secures $8.4 Million Loan for Delray Beach Fractured Condo Sale

Berkadia Secures $8.4 Million Loan for Fractured Condo Sale in Delray Beach, Florida | Multifamily Biz  Berkadia Secures $8.4 Million Loan for Delray Beach Fractured Condo Sale | CityBizList  Delray Beach, Fla. (Jan. 16, 2018) – Berkadia has secured an $8.4 million bridge loan for the acquisition of 93 units at Murano of Delray, a […]

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January 16, 2018

Berkadia Arranges $20.695 Million Loan for Acquisition of Birmingham Apartments

Garden Community Fetches $28M in Birmingham | Multi-Housing News  Berkadia Arranges $20.695 Million Loan for Acquisition of Chace Lake Villas Apartments in Birmingham | MultifamilyBiz Berkadia Arranges $20.695 Million Loan for Acquisition of Birmingham Apartments | AL.com  Birmingham, Ala. (Jan. 16, 2018) – Berkadia has secured a $20.695 million loan for the acquisition of Chace […]

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January 11, 2018

Berkadia Secures $135 Million in Combined Financing for Two Florida Properties

ORLANDO, Fla. – January 11, 2018 – Berkadia today announced it secured $135.7 million in combined financing for two properties in Florida. Senior Managing Director Marc Sumner of Berkadia’s Orlando office secured both financings through two separate life insurance companies, and the deals closed in late December 2017. Sumner secured $80 million in permanent, construction […]

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January 10, 2018

Berkadia Arranges Sale and Financing for Sugar Land Multifamily Asset Near Houston

Berkadia Arranges Sale and Financing for Sugar Land Multifamily Asset Near Houston | CityBizList Berkadia Arranges Sale and Financing for 306-Unit Sugar Land Multifamily Community Near Houston | Multifamily Biz Berkadia Brokers Sale of 306-Unit Apartment Community in Metro Houston | REBusiness Online Berkadia Arranges Fannie Mae Loan for Houston Community | Multi-Housing News  Amid […]

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January 9, 2018

Berkadia Secures Nearly $52 Million in Financing for Construction of New Multifamily Property in Virginia

RICHMOND, Va. – January 3, 2018 – Berkadia today announced the recent financing of Allure at Jefferson, a multifamily community to be constructed in Fredericksburg, Virginia. Senior Managing Director David Blake and Senior Director Stephen Murden of the Richmond, Virginia office originated the $52 million construction loan through Berkadia’s HUD program. The borrower was The […]

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January 9, 2018

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 […]

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