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From the Newsroom
November 17, 2021
Berkadia Secures $35 Million in Financing for Multifamily Property in Missouri
KANSAS CITY, Mo. – November 17, 2021 – Berkadia announced today the financing secured for Flashcube, a 184-unit high-rise multifamily property in Kansas City, Missouri. Managing Director John J. Schorgl of Berkadia Kansas City secured $35 million in refinancing on behalf of the borrower, Missouri-based Worcester Investments. The deal closed on November 12. The two-year bridge loan financed through Berkadia…
November 17, 2021
Berkadia Arranges $35.4 Million Sale of Townhome Community in Lake Worth, Florida
WEST PALM BEACH, Fla. (November 17, 2021) – Berkadia announces it has arranged the sale of the Oakwood Apartments, a 160-unit, garden-style, townhome community in Lake Worth, Florida. Senior Managing Directors Jaret Turkell and Roberto Pesant, along with Associate Omar Morales and Senior Analyst Jose Mota, marketed the property on behalf of One Real Estate Investments. Oakwood Townhomes LLC acquired…
November 16, 2021
Berkadia Completes $113.5 Million Sale of Multifamily Property in Las Vegas
LAS VEGAS — November 17, 2021 — Berkadia announced today the $113.5 million sale of Wynn Palms, a 555-unit garden-style multifamily property in Las Vegas, Nevada. Director Jared Glover of Berkadia Las Vegas completed the sale on behalf of the buyer, California-based Tides Equities. The seller was 3D Investments LLC, also based in California, and the deal closed on November…