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. […]
Read MoreBOSTON – January 16, 2017 – Berkadia today announced the $15.37 million financing of Paradise Pointe Park Model RV Resort, located in Naples, Florida. Senior Managing Director Ryan Nelson and Director Anthony Golebiewski of the Boston office secured the financing through Fannie Mae for the buyer, Zeman Homes. The 10-year acquisition loan features a 3.74 […]
Read MoreBerkadia 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 […]
Read MoreGarden 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 […]
Read MoreNEW YORK – January 11, 2018 – Berkadia announced today the $41 million refinancing for Mansions at Timberland, a multifamily property in Fort Worth, Texas. Senior Managing Director Stewart Campbell of the Manhattan office secured the financing through Fannie Mae on behalf of the borrower, Mansions at Timberland LP. The deal closed in early January. […]
Read MoreORLANDO, 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 […]
Read MoreBerkadia 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 […]
Read MoreRICHMOND, 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 […]
Read MoreLOS ANGELES – January 9, 2018 – Berkadia today announced it has closed the very first Affordable Single Family Rental financing through Freddie Mac Multifamily for TrueLane Homes, a leading owner of single-family rental homes. The financing was in the amount of $11,092,000 for a ten-year, fixed-rate loan secured by 195 homes and one duplex […]
Read MoreBOSTON, 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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