Driftwood Capital and Berkadia Collaborate on $47 Million Refinance for Full-Service Hotel in West Palm Beach, Florida Canopy by Hilton West Palm Beach Downtown Primed to Capture Demand in Bustling Location WEST PALM BEACH, Fla. (September 29, 2023) – In a joint effort, Driftwood Capital, a vertically integrated commercial real estate firm specializing in investment, […]
Berkadia Arranges $53.7M Loan for Acquisition of Mixed-Use Open-Air Lifestyle Center in Central Florida LAKELAND, Fla. (September 19, 2023) – Berkadia announces it has secured a $53.7 million loan for the acquisition of Lakeside Village, a 460,000-square-foot, regionally dominant, open-air lifestyle center in Lakeland, Florida, just east of Tampa. Managing Director Scott Wadler, Senior Director […]
Berkadia Secures $40.825M in Financing for Three Senior Housing Communities Idaho, Nevada, Oregon – September 15, 2023 – Berkadia Seniors Housing & Healthcare announced today the financing of a Skilled Nursing Facility in Idaho, Transitional Care Facility in Nevada, and an Independent Living, Assisted Living & Memory Care community in Oregon. Managing Director Jay Healy […]
Berkadia Arranges $37.5MM in Acquisition Financing for Tavalo Tradition, A New Built-To-Rent Single Family Community in Port St. Lucie, Florida Port St. Lucie, Fla. (September 14, 2023) – Berkadia announces it has arranged the acquisition financing for Tavalo Tradition, a 216-townhome build-to-rent community located on one of the last developable parcels of land within the […]
In today’s BeBerkadia Intern Spotlight, we feature Tyler Shoch, an intern in the servicing department.
Berkadia Arranges $40.7M Recap of Mixed-Use High-Rise in Downtown Orlando ORLANDO (June 21, 2023) – Berkadia announces it has secured a $40.7 million loan for the recapitalization of One Eleven, a 30-story high-rise in downtown Orlando featuring a mix of office, retail, and residential space. Senior Managing Director Charles Foschini, Managing Director Chris Apone and […]
Berkadia Adds SVP and Managing Director to Growing Servicing Business NEW YORK, NY – June 12, 2023 – Berkadia announced today the addition of Senior Vice President, Managing Director Willem Alexander Groot to its Servicing Operations. During a transition period, Groot will lead Business Development alongside Senior Vice President, Managing Director Jan Sternin and will […]
Berkadia Arranges Debt for BH Group & Pebb Enterprises’ Purchase of a 650,000SF Office Building Situated on 29 Acres in Boca Raton The property was acquired for $104 million with a $63 million loan BOCA RATON, FL (April 6, 2023) – Berkadia announces it has arranged the debt for the acquisition of a 650,000-square-foot office […]
Berkadia Hosts Annual National Production Meeting to Unite Production Network and Enhance Client Service
Ernie Katai, EVP and Head of Production, reflects on Berkadia’s National Production Meeting and plans for the year ahead.
NEW YORK – March 20, 2023 – Berkadia announced today the acquisition of BlueSuit’s technology platform, an AI-driven data extraction solution, specific to commercial real estate documents. As a result of the acquisition, members of BlueSuit will be joining Berkadia and reporting to Chief Technology Officer Gary Mumford. “While many of our competitors are reducing […]