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From the Newsroom
April 27, 2022
Berkadia Completes $34.1 Million Sale of Multifamily Portfolio in Wisconsin
CHICAGO and MILWAUKEE – April 25, 2022 –Berkadia announced today the sale of the Dermond Milwaukee Portfolio, a collection of three multifamily assets totaling 138-units located in Milwaukee and Mequon, Wisconsin. Managing Director Ralph DePasquale, Senior Managing Director Pete Evans and Director Jack Maloney of Berkadia Chicago and Senior Director Richard Evans of Berkadia Milwaukee completed the $34.1 million sale…
April 27, 2022
Berkadia Completes Over $38 Million Sale of Multifamily Property in Michigan
DETROIT – April 27, 2022 – Berkadia announced today the sale of Bloomfield Square, a 259-unit garden-style multifamily property located in Auburn Hills, Michigan. Senior Managing Directors Kevin Dillon and Jason Krug, Senior Directors Corey Krug and Rick Brace and Director Charley Henneghan of Berkadia Detroit completed the $38.375 million sale on behalf of the seller, at a premium of…
April 26, 2022
Berkadia Adds Affordable Housing Expert to Mortgage Banking Team
Chevy Chase, MD – April 26, 2022 – Berkadia announced today the continued expansion of its Affordable Housing platform with the addition of Managing Director Jay Abeywardena to its mortgage banking team. Abeywardena has more than 15 years of experience providing financing expertise to developers specializing in the construction and preservation of affordable housing. In the past eight years he has closed over $4.6 billion in loans across 229 projects…