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Berkadia Names Damodaram Bashyam as Chief Innovation Officer

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August 2, 2018

Berkadia Secures Nearly $15 Million in Combined Financing for Multifamily Properties in Georgia and South Carolina

Dealmaker: Berkadia Secures $63M for Multifamily Assets | MBA Newslink ATLANTA – August 1, 2018 – Berkadia today announced $14.97 million in combined financing for two multifamily properties, Grandeagle Apartments in Greenville, South Carolina and Quail Ridge Apartments in Columbus, Georgia. Director Josh Finley of Berkadia’s Atlanta office secured the acquisition financings. The $7.05 million […]

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July 30, 2018

Berkadia Adds Monica Newman to Rapidly Growing Affordable Housing Team

WASHINGTON, D.C. – July 31, 2018 – Berkadia today announced the addition of Managing Director Monica Newman to its HUD Affordable Housing team, the fifth new member to join the group this year. Newman will be based out of the firm’s Denver office, reporting to Senior Vice President and Head of Affordable Housing Steve Ervin. […]

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July 26, 2018

Berkadia Completes $19 Million Sale of 200-Unit Alabama Multifamily Property

Dallas-Based Investors Acquire Multifamily Property on Alabama’s Gulf Coast | Birmingham Business Journal BIRMINGHAM, Ala. – July 26, 2018 – Berkadia today announced the $18.1 million sale of Villas at Bon Secour Apartments, a garden-style multifamily property in Gulf Shores, Alabama. Senior Director David Wilson and Senior Managing Director David Oakley, both of the Birmingham, […]

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July 25, 2018

Berkadia Completes $16.5 Million Sale of Phoenix Multifamily Property

Berkadia Completes $16.5 Million Sale of Phoenix Multifamily Property | Commercial Executive Magazine PHOENIX – July 24, 2018 – Berkadia announced today the $16.5 million sale of Connect on Union, a garden-style multifamily property in Phoenix. Senior Managing Directors Mark Forrester and Ric Holway and Senior Director Dan Cheyne of Berkadia’s Phoenix office led the […]

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July 25, 2018

Berkadia Secures Combined $117 Million in Financing for Two Multifamily Properties in California

LOS ANGELES – July 24, 2018 – Berkadia today announced the combined $117.45 million in financing for Addison Ranch Apartments and The Lexington Agoura Hills Apartment Homes, two multifamily properties located in California. Managing Director Allan Freedman of Berkadia’s Los Angeles office secured the refinance loans through Freddie Mac, and the deals closed on May […]

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July 25, 2018

Berkadia Secures $87 Million in Financing for Detroit Hotel

Berkadia Arranges $87M Bridge Loan for Recapitalization of Hotel in Detroit | REBusiness Online CLEVELAND – July 24, 2018 – Berkadia today announced that they arranged $87 million in financing for The Westin Book Cadillac Detroit, a full-service hospitality property in downtown Detroit. Director Daniel Geuther of Berkadia’s Cleveland office secured the bridge financing, which […]

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July 25, 2018

Berkadia Secures Over $48 Million in Financing for Multifamily High-Rise in Chicago

Dealmaker: Berkadia Secures $63M for Multifamily Assets | MBA Newslink  Berkadia Secures Over $48M for Bush Temple High-Rise Refinancing | REJournals  CHICAGO – July 25, 2018 – Berkadia today announced the recent $48.5 million financing for Bush Temple at 800-812 N. Clark, a multi-phase 230-unit apartment project with ground floor retail in Chicago’s Near North […]

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July 18, 2018

Berkadia Secures Over $16 Million in Financing for Hotel Property in Boise, Idaho

Berkadia Arranges $16.2M Financing for Hyatt Place Boise | REBusiness Online  PHOENIX – July 18, 2018 – Berkadia today announced the $16.2 million financing for Hyatt Place Boise, a recently built select service modern hotel property in downtown Boise, Idaho. Director Adrienne Kautzman of Berkadia’s Phoenix office secured the permanent financing. The borrower was formed […]

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July 13, 2018

Berkadia Hotels and Hospitality Team Expands Physical Footprint Into Southern California

Berkadia Hotels & Hospitality Expands Footprint in California | Hotel Business  LOS ANGELES, CA – July 12, 2018 – Berkadia’s Hotels and Hospitality group announced today it is expanding its physical footprint into Southern California. Senior Director Matthew Bailly, along with a team of analysts, will head the Hotel team’s West Coast presence in Berkadia’s […]

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