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From the Newsroom
November 12, 2021
Berkadia Expands Investment Sales Presence in Minnesota
MINNEAPOLIS, MN – November 10, 2021 – Berkadia announced the expansion of its investment sales presence in Minnesota with the addition of Director Molly Podratz to its Investment Sales platform. She will focus on institutional sales and report to Senior Managing Director Pete Evans. Evans and his team have completed over $1.3 billion in multifamily transactions in the Twin Cities…
November 11, 2021
Berkadia Institutional Solutions Completes $65 Million Sale of Multifamily Property in Illinois
CHICAGO and MILWAUKEE – November 10, 2021 – Berkadia Institutional Solutions announced today the $65 million sale of The Reserve at Evanston, a 193-unit midrise multifamily property located in Evanston, Illinois. Senior Managing Director Pete Evans of Berkadia Chicago and Senior Director Richard Evans of Berkadia Milwaukee completed the sale on behalf of the seller, North Carolina-based Barings, and the…
November 11, 2021
Berkadia Secures Over $22 Million in Financing for Multifamily Property in Chicago
INDIANAPOLIS — November 12, 2021 — Berkadia announced today the financing secured for Park Heights at the Lake, a 106-unit high-rise multifamily property in Chicago, Illinois. Managing Director Jason Brown and Senior Real Estate Analyst Austin Katai of Berkadia Indianapolis secured the $22.575 million in permanent refinancing on behalf of the borrower, Indianapolis-based Zidan Management Group. The deal closed on…