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October 2, 2017

Berkadia Closes $18.4 Million Multifamily Property in Las Vegas

LAS VEGAS – October 2, 2017 – Berkadia today announced the $18.45 million sale of Emerald Park Apartment Homes, a 300-unit multifamily community located in Las Vegas. Senior Directors Angela Powers and Brian Anderson closed the sale on behalf of the seller, Emerald Partners LP, a Nevada limited partnership and the buyer, Westland Emerald Park […]

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September 28, 2017

Berkadia Secures Over $103 Million in Financing for Seven-Property Portfolio in Central Pennsylvania

PHILADELPHIA – September 28, 2017 – Berkadia today announced the closing of a $103.4 million loan package to support the acquisition and repositioning of a seven-property multifamily portfolio totaling 996-units located in Harrisburg and Allentown, Pennsylvania. Senior Director Matt Cullison and Associate Director Patti Henne of Berkadia’s Philadelphia office secured the financing on behalf of […]

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September 25, 2017

Berkadia Names BPO Organization of the Year at 2017 CMO Asia Awards

NEW YORK – September 25, 2017 – Berkadia announced today that it has again been named BPO Organization of the Year by CMO Asia for the third consecutive year. Ned Mody, Managing Director of Berkadia’s operations in India, accepted the award on behalf of the company at the CMO Asia conference, which was held in […]

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September 22, 2017

Berkadia Secures Over $29 Million for Multifamily Property in Los Angeles

LOS ANGELES – September 22, 2017 – Berkadia today announced it secured $29.25 million in financing for The Woodmere, a luxury garden apartment property in Los Angeles. Managing Director Allan Freedman secured the refinancing loan through the Fannie Mae Green Rewards program on behalf of Woodmere, Ltd. The deal closed on August 14. The 12-year, […]

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September 20, 2017

Berkadia’s Seniors Housing and Healthcare Group Finances Over $1 Billion in One Day

Berkadia Lends $995Mln Against Proposed Seniors-Housing Deal | Commercial Real Estate Direct  Berkadia Bullish on Senior Housing After Its $1 Billion Day | Senior Housing News Mega Deal to Finance Columbia Pacific Advisors is “Home Run” for Berkadia | Seniors Housing Business NEW YORK – September 20, 2017 – Today, Berkadia’s Seniors Housing and Healthcare […]

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September 12, 2017

Berkadia’s Houston Team Shares Insights on Post-Harvey Recovery

A question weighing on many multifamily developers’ minds is what the new landscape will look like for apartment development in Houston. Without a doubt, city officials will, at a minimum, review existing building codes and flood zones and make suggested changes to better cope with flooding hazards in the future. These changes could have a […]

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September 8, 2017

Berkadia Secures Financing for Southern California Healthcare Property

LOS ANGELES and IRVINE, Calif. – September 8, 2017 – Berkadia today announced the recent financing of Pinnacle Medical Office, a primary care office in Scripps Ranch, San Diego. Managing Director Jackson Cloak secured the $29 million permanent refinancing on behalf of the borrower, LP Scripps Lot 1 LLC, through Wells Fargo. The deal closed […]

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