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From the Newsroom
June 14, 2022
Berkadia Secures $235 Million in Financing for Multifamily Property in San Jose, California
SAN FRANCISCO – June 13, 2022 – Berkadia announced today the financing secured for The Woods, a 1,841-unit garden-style multifamily property located in San Jose, California. Managing Director Andy Ahlers of Berkadia San Francisco secured the $235 million in permanent refinancing on behalf of the borrower, The Woods of San Jose LLC. The deal closed on June 6. The long-term…
June 14, 2022
Berkadia Completes Sale and Secures Over $24.3 Million in Financing for Multifamily Property in Massachusetts
BOSTON and PHILADELPHIA — June 14, 2022 — Berkadia announced today the sale of and financing secured for The Bixby, a 128-unit high-rise multifamily property located in Haverhill, Massachusetts. Managing Director Adam Dunn and Senior Managing Director Chris Phaneuf of Berkadia Boston completed the sale on behalf of the seller, Virginia-based Blackfin Real Estate Investors. The buyer was Pennsylvania-based Scully…
June 14, 2022
Berkadia Completes Sale and Secures Financing for Multifamily Property in Illinois
CHICAGO and MILWAUKEE – June 13, 2022 – Berkadia announced today the sale of and financing secured for Mandalane, a 264-unit midrise multifamily property located in Wheeling, Illinois. Senior Managing Director Pete Evans of Berkadia Chicago and Senior Director Richard Evans of Berkadia Milwaukee completed the sale on behalf of the seller, Illinois-based VennPoint Real Estate, LLC, and the buyer,…