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From the Newsroom
June 15, 2022
Summit Kings Mill, Fredericksburg, VA | Sold & Financed by Berkadia 2022
Berkadia Completes Sale and Secures $31.7 Million in Financing for Multifamily Property in Virginia WASHINGTON, D.C., NORFOLK, Va. and ATLANTA — June 13, 2022 — Berkadia announced today the sale of and financing secured for Summit Kings Mill, previously named Kendalwood Apartment Homes. Summit Kings Mill is a 170-unit garden-style multifamily housing property located in Fredericksburg, Virginia. Senior Managing Director…
June 14, 2022
Berkadia Secures Financing for Student Housing Property in Alabama
IRVINE, Calif. – June 13, 2022 – Berkadia announced today the financing secured for The Walk, a purpose-built student housing property located in Tuscaloosa, Alabama. Ed Kim and Jie Lee of Berkadia Irvine secured the permanent acquisition financing on behalf of the borrower, California-based Versity Invest, LLC. The deal closed on April 29. The seven-year loan, with five-years interest-only, was…
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…