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Lease-Up Velocity

After two years of elevated demand, the once scorching-hot multifamily market is showing signs of cooling down. More than 95,000 new units were delivered nationally in the first quarter of 2023. At the same time, approximately 19,200 units were absorbed in the first quarter. Even so, vacant apartments were filled almost one week faster compared […]

The Village at Eastpointe Apartments, Fort Lauderdale, FL | Financed by Berkadia 2023

Berkadia Arranges Debt & Equity Recapitalization of Fort Lauderdale Apartment Community The Village at Eastpointe was refinanced with $42.54 million in debt and $8.96 million in equity Fort Lauderdale, Fla. (May 5, 2023) – Berkadia announces it has secured a senior lender and preferred equity provider for the $51.5 million refinancing of The Village at […]

The Indigo at Cross Creek, Indian Land, SC | Sold by Berkadia 2023

Berkadia Completes $76M Sale of Multifamily Property in Charlotte Suburbs CHARLOTTE, N.C. and CHARLESTON, S.C. – May 8, 2023 – Berkadia announced today the sale of The Indigo at Cross Creek, a 303-unit garden-style multifamily property located in Indian Land, South Carolina. Managing Director Caleb Troop and Director Thomas Colaiezzi of Berkadia Charlotte and Managing […]