July 20, 2017

Berkadia Completes Third Purchase with Kort & Scott Financial Group Totaling Roughly a Combined $100 Million

LOS ANGELES – July 20, 2017 – Berkadia announced the sale of a newly constructed, 126-unit, mid-rise community located in Lake Balboa, California. Managing Director Vince Norris, along with Managing Director Jim Fisher and Senior Director Mike Smith from Berkadia’s Los Angeles office completed the sale on an “off-market” basis. The transaction was completed on […]

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July 19, 2017

Berkadia Secures $23.4 Million Loan for Development of North Carolina Multifamily Property

Berkadia Secures $23M Loan for NC Multifamily Development | Multi-Housing News MOREHEAD CITY, N.C. – July 19, 2017 – Berkadia today announced $23.4 million in financing for Preserve at Carteret Place, a multifamily development in Morehead City, North Carolina. Senior Managing Director James Tanner and Managing Director Henry Tanner of Berkadia’s Raleigh office arranged the […]

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July 13, 2017

Berkadia Hires Marc Possick as Senior Director in the New York Office

WHO’S NEWS: Dustin Stolly joins NKF; HAP hires new CFO | Real Estate Weekly NEW YORK – July 13, 2017 – Berkadia today announced the addition of Senior Director Marc Possick to the New York office. Possick brings 25 years of mortgage banking experience to the company and will report to Senior Managing Director Stewart […]

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July 10, 2017

Berkadia Hires Kelly Witherspoon to Lead Multifamily Investment Sales in Austin

Berkadia Hires Witherspoon | Mortgage Bankers Association People to Know in Austin Real Estate: Paul Noetzel, Kelly Witherspoon | Austin Business Journal Kelly Witherspoon Named Managing Director at Berkadia’s Austin, Texas Office | Commercial Real Estate Direct AUSTIN, Texas – July 10, 2017 – Berkadia today announced the hiring of Managing Director Kelly Witherspoon to […]

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July 6, 2017

Berkadia Completes Sale of Multifamily Property Outside of Atlanta

Berkadia Facilitates Atlanta-Area Sale | Multi-Housing News ATLANTA – July 6, 2017 – Berkadia today announced the recent sale of DeLido Apartments, a garden-style multifamily property located in Dunwoody, Georgia. Senior Directors Andrew Mays, Paul Vetter and Director Matthew White of the Atlanta office represented the buyer, DENEB Holdings LLC and seller, DeLido Apartments, LLC, […]

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July 5, 2017

Berkadia Secures $56.5 Million in Financing for TruAmerica-Owned Denver Multifamily Property

DENVER – July 5, 2017 – Berkadia announced today that it arranged $56.5 million in financing for Veranda Highpointe, a luxury multifamily apartment community in South Denver, Colorado, owned by a TruAmerica Multifamily joint venture. Senior Managing Director Peter Benedetto, Senior Managing Director Edward Zimbler, Managing Director Colin Callaghan and Managing Director Allan Freedman of Berkadia’s […]

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June 28, 2017

Berkadia Completes Sale of Florida Multifamily Property

Rooftop Bar, Tesla Ride Share Set Stage at Lake Nona Project | Orlando Sentinel ORLANDO – June 28, 2017 – Berkadia today announced the sale of Avery Place Villas, a multifamily property in Orlando, Florida. Managing Director Cole Whitaker and Director Mary Beale completed the $25.05 million sale on behalf of the seller, Springfield, Massachusetts- […]

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June 15, 2017

Berkadia Completes Sale of 528-Unit Multifamily Property in St. Louis

ST. LOUIS – June 15, 2017 –Berkadia today announced the sale of Pheasant Run, a multifamily property in Maryland Heights, Missouri. Managing Director Ken Aston and Director Andrea Kendrick of Berkadia’s St. Louis office negotiated the sale on behalf of the seller, Lipton Group. The deal closed on May 31. “Pheasant Run had been owned […]

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