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From the Newsroom
April 28, 2022
Berkadia Completes Sale of 716-Unit Multifamily Portfolio in the Midwest
LOUIS — April 28, 2022 — Berkadia announced today the sale of The Saint Louis Five, a five-property multifamily portfolio consisting of 716 total units in Missouri and Illinois. Managing Directors Andrea Kendrick and Ken Aston and Director Bobby Mills of Berkadia St. Louis completed the sale on behalf of the seller, Missouri-based Baumann Property Company Inc. The buyer was…
April 28, 2022
Berkadia Completes $37.3 Million Sale of Multifamily Property in Las Vegas
LAS VEGAS — April 28, 2022 — Berkadia announced today the sale of Skyline Parc Apartments, a 193-unit garden-style multifamily property located in Las Vegas, Nevada. Director Jared Glover of Berkadia Las Vegas completed the $37.3 million sale on behalf of the seller, California-based Laguna Point Properties LLC, and the buyer, California-based Tides Equities. The deal closed on April 28.…
April 28, 2022
Berkadia Arranges Equity Partner for Capstone Communities’ First Birmingham Build-for-Rent Community
Birmingham, Ala. (April 27, 2022) – Berkadia announces it has sourced an equity partner for Capstone Communities to develop The Cottages at Greystone, its first build-for-rent (BFR) community in the Greater Birmingham area. A low-density multifamily development, The Cottages will sit on approximately 30 acres within the well-established Greystone community, just minutes off Highway 280. Cody Kirkpatrick, Noam Franklin and…