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From the Newsroom
December 9, 2021
Berkadia Hotels & Hospitality Secure $32.3 Million in Financing for Orlando Hotel
ORLANDO, FL — December 9, 2021 — Berkadia Hotels & Hospitality announced today the placement of $32.3 million in acquisition financing for the Residence Inn Universal Orlando, a 195-room extended-stay hotel in Orlando, Florida. Senior Director Wyatt Krapf and Managing Director Michael Weinberg secured the loan on behalf of the borrower, Texas-based Paceline Equity Partners. The deal closed December 1.…
December 9, 2021
Berkadia Hotels & Hospitality Secures $19 Million in Financing for Orlando Hotel
ORLANDO, FL — December 9, 2021 — Berkadia Hotels & Hospitality announced today the placement of $19 million to refinance the Aloft Lake Buena Vista, a 141-room hotel in Orlando, Florida. Managing Director Michael Weinberg and Senior Director Wyatt Krapf secured the loan on behalf of the borrower, Florida-based Southern Hospitality Management and Development. The deal closed November 29. The…
December 9, 2021
Berkadia Adds New Investment Sales Team in Boston, Massachusetts
Boston, MA. – December 9, 2021 – Berkadia announced today the addition of a new investment sales team to its Boston office, bringing on board Senior Managing Director Christopher Phaneuf and Managing Director Adam Dunn. Phaneuf and Dunn are regional leaders in multifamily sales and equity placement, having executed more than $25 billion in transactions across their careers. They join…