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From the Newsroom
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…
April 27, 2022
Berkadia Completes $28.6 Million Sale and Secures Over $20.2 Million in Financing for Multifamily Property in Phoenix
PHOENIX and IRVINE, Calif. — April 27, 2022 — Berkadia announced today the sale of and financing secured for 19 Rail, a 137-unit garden-style multifamily property located in Phoenix, Arizona. Senior Managing Director Ric Holway, Managing Director Dan Cheyne and Senior Managing Director Mark Forrester of Berkadia Phoenix completed the $28.6 million sale on behalf of the seller, G2 Realty…
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…