Newsroom

September 13, 2021

Berkaida Arranges $38 Million Recap for New Jacksonville Apartments

Jacksonville, Fla. (September 3, 2021) – Berkadia announces it has arranged a $38.76 million loan for the recapitalization of The Solera at Kendall West, a 244-unit luxury apartment community built in 2020. Senior Managing Director Mitch Sinberg and Associate Director Matthew Robbins of Berkadia Boca Raton secured the financing on behalf of the sponsor, Rich […]

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September 13, 2021

Berkadia Arranges $47.07M Loan for Westside Capital’s Acquisition of Second Waterfront Residential Tower in Fort Myers

Campo Felice, a 24-story luxury multifamily apartment tower, was purchased for $55 million in an off market special situation sale Fort Myers, Fla. (September 8, 2021) – Berkadia announces it has arranged financing for the acquisition of a 24-story residential tower with 323 apartment units located in the historic downtown of Fort Myers, Fla.  Campo […]

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September 13, 2021

Berkadia Secures $109 Million in Construction Financing for Mixed-Use Property in Virginia

WASHINGTON, D.C.  — September 9, 2021 — Berkadia announced today the construction-to-permanent financing secured for Eisenhower Block 20, a to-be-built 26-story luxury Class “A” multifamily community consisting of 443 apartment units in the Carlyle District of Alexandria, Virginia. Senior Managing Director J. Tyler Blue and Managing Director Paul Wallace of Berkadia D.C. Metro secured the $109 million in construction-permanent […]

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September 13, 2021

Berkadia Completes Sale of and Secures Financing for Multifamily Property in Idaho

SEATTLE and PHILADELPHIA – September 8, 2021 – Berkadia today announced the sale of and financing secured for Woodland Meadows, a 330-unit garden-style multifamily property in Post Falls, Idaho. Senior Managing Director Kenny Dudunakis, Senior Directors David Sorensen and Ben Johnson and Associate Director George Pallis of Berkadia Seattle completed the sale on behalf of […]

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September 13, 2021

Berkadia Completes Over $155 Million Sale and Secures Over $48.5 Million in Financing for Multifamily Portfolio in Arizona

PHOENIX — September 9, 2021 — Berkadia announced today the sale of and financing secured for a four-property multifamily portfolio totaling 892-units in Metro Phoenix, consisting of Banyan Tree, Belcourt, Coronado and Ridgeway Village Apartments. Senior Managing Director Ric Holway, Senior Director Dan Cheyne and Senior Managing Director Mark Forrester of Berkadia Phoenix completed the […]

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September 13, 2021

Berkadia Completes $27.65 Million Sale of Multifamily Property in Virginia

NORFOLK, Va. and WASHINGTON, D.C.— September 9, 2021 — Berkadia announced today the sale of The Heritage at Settlers Landing, a 140-unit midrise-style multifamily property in Hampton, Virginia. Senior Managing Director Drew White, Director Carter Wood and Senior Director David Hudgins completed the $27.65 million sale on behalf of the seller, Virginia-based Levco Management. The […]

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September 2, 2021

Berkadia Structures $51 Million in Financing for Vitus Affordable Community in Jonesboro, Georgia

Atlanta, GA – September 2, 2021 – Berkadia announced today that it structured $51 million in financing for the redevelopment of Riverwood Townhouses, an affordable housing development in Jonesboro, Georgia.  The property was recently acquired by Vitus, a national developer and owner of affordable housing.  Senior Managing Director Tim Leonhard of Berkadia Affordable Housing secured […]

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August 31, 2021

Berkadia Completes Sale and Secures Financing for Multifamily Property in Florida

ORLANDO, Fla. and MIAMI – August 30, 2021 – Berkadia today announced the sale of and financing secured for Sweetwater on 16th, a 242-unit garden-style multifamily property located in Gainesville, Florida. Director Greg Rainey of Berkadia Jacksonville and Senior Managing Director Cole Whitaker of Berkadia Orlando, along with support from their local Berkadia colleagues, together […]

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August 31, 2021

Berkadia Arranges Sale of 192-unit Multifamily Community in Houston’s Energy Corridor

West End on Eldridge sold to Westmount Realty Capital HOUSTON (Aug. 30, 2021) – Berkadia announces it has arranged the sale of West End on Eldridge, a 192-unit apartment community located in Houston’s Energy Corridor submarket. Senior Managing Directors Chris Curry and Todd Marix, Managing Directors Joey Rippel, Chris Young and Jeffrey Skipworth, and Director […]

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August 31, 2021

Berkadia Completes Sale of Multifamily Property in Florida

TAMPA, Fla. and ORLANDO, Fla. – August 31, 2021 – Berkadia today announced the sale of Stillwater Palms, a 397-unit garden-style multifamily property located in Palm Harbor, Florida. Senior Director Jason Stanton of Berkadia Tampa and Senior Managing Director Cole Whitaker of Berkadia Orlando together completed the sale on behalf of the seller, Chicago and […]

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