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December 20, 2017

Berkadia Completes $34 Million Sale of Multifamily Property Outside of San Diego

SAN DIEGO – December 21, 2017 – Berkadia announced the $34.25 million sale of Alta Vista Apartments, a 102-unit garden-style multifamily property in Escondido, California. Managing Directors Ed Rosen and John Chu and Directors Kyle Pinkalla and Erin Dammen of Berkadia’s San Diego team represented the seller, Irvine, California-based Sares Regis Multifamily Fund, L.P. The […]

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December 18, 2017

Berkadia Arranges $23.7M Refinance of St. Petersburg Apartments using Freddie Mac “Green” Loan Program

St. Petersburg, Fla. (December 13, 2017) – Berkadia announced it has arranged a $23.7 million loan for the refinance of Isles of Gateway, a 212-unit multifamily community located in St. Petersburg, Florida. Berkadia South Florida Senior Managing Director Mitch Sinberg, Senior Director Brad Williamson and Associate Director Matthew Robbins arranged the financing on behalf of […]

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December 12, 2017

Berkadia’s Los Angeles Office Secures Over $156 Million in Financing for California Portfolio

LOS ANGELES – December 13, 2017 – Berkadia today announced that the Los Angeles office recently secured $156.56 million in Fannie Mae financing on behalf of Realty Center Management for a portfolio of four multifamily properties throughout California. Senior Director Branden McBirney, Associate Director Garrett LaBar and Senior Analyst Vickie Wible led the team in […]

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December 11, 2017

Berkadia Receives First National Single-Family Rental Designation by Freddie Mac

LOS ANGELES – December 11, 2017 – Berkadia today announced that it was approved as the first Freddie Mac Seller/Servicer to obtain the National Single-Family Rental Designation by Freddie Mac Multifamily. This approval permits Berkadia to sell and service loans secured by single-family rental properties nationwide to Freddie Mac. “The entrance of Freddie Mac into […]

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December 11, 2017

Berkadia Completes $45 Million Sale of Two Multifamily Properties in Arizona

TUCSON, Ariz. – December 11, 2017 – Berkadia today announced that they completed $45.44 million in sales for two multifamily properties totaling 284 units at $160,000 per unit in Tucson, Arizona. Senior Managing Director Art Wadlund and Associate Director Clint Wadlund completed the deal on behalf of the buyer, California-based M3 Multifamily, LLC and the […]

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December 1, 2017

Berkadia Secures Nearly $1 Billion in Financing

BEL AIR, Md. – December 1, 2017 – Berkadia today announced that it has arranged financing totaling nearly $1 billion for the acquisition of the Beacon multifamily property portfolio. Managing Directors Laura Cathlina and Sharon Plattner of Berkadia’s Chicago office secured the Freddie Mac loan on behalf of affiliates of Harbor Group International. The deal […]

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November 28, 2017

Berkadia Names Hilary Provinse as Head of Mortgage Banking

NEW YORK – November 28, 2017 – Berkadia today announced the addition of prominent industry veteran Hilary Provinse as Executive Vice President and Head of Mortgage Banking. She will oversee a team of 130 experienced mortgage bankers located in 31 offices across the country. Ms. Provinse will be a member of Berkadia’s Management Committee and […]

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November 27, 2017

Berkadia Hires Nathan Stone to Expand Dallas Team

DALLAS, TX – November 27, 2017 – Berkadia today announced the addition of Managing Director Nathan Stone to its Dallas, Texas office. In his role, Stone will be responsible for enhancing and expanding the team’s regional footprint. He will report to Senior Managing Director John Koeijmans. “Nathan is a talented mortgage broker with a proven […]

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November 27, 2017

Berkadia Completes $49 Million Sale and Secures $34 Million in Financing for Arizona Multifamily Property

PHOENIX – November 27, 2017 – Berkadia today announced the sale of Indian Springs Apartments, a garden-style multifamily community in Mesa, Arizona. Senior Managing Directors Ric Holway and Mark Forrester, along with Senior Director Dan Cheyne, completed the $49 million off-market sale on behalf of the seller, Stratford Partners LLC. Managing Director Jeff Stuart of […]

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