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From the Newsroom
November 3, 2021
Berkadia Completes $66 Million Sale of Multifamily Property in Reno
LAS VEGAS — November 3, 2021 — Berkadia announced today the $66 million sale of Northtowne Summit, a 220-unit garden-style multifamily property in Reno, Nevada. Director Jared Glover of Berkadia Las Vegas completed the sale on behalf of the seller, California-based Seagate Properties, and the buyer, Kennedy-Wilson Fund VI, a commingled fund managed by Beverly Hills-based Kennedy Wilson. The deal…
November 3, 2021
Berkadia Arranges Financing for Acquisition of Downtown Miami Parking Garage
Sageblan Investments acquired the SunTrust Parking Garage which is entitled for up to 800 residential units, 120 hotel keys, and 7,205 square feet of retail space MIAMI (November 2, 2021) – Berkadia announces it has secured an $18.25 million loan for the acquisition of the SunTrust Parking Garage in Downtown Miami, an 863-space parking garage with zoning for up to…
November 3, 2021
Berkadia Seniors Housing & Healthcare Arranges Sale in Williamsburg, Virginia
WILLIAMSBURG, VA – November 2, 2021 – Berkadia announced today the sale of Edgeworth Park at New Town, an 83-unit, 95-bed senior living community located in Williamsburg, Virginia. Managing Director Tim Cobb and Director Brooks Minford of Berkadia Seniors Housing & Healthcare completed the transaction on behalf of the seller, Virginia-based Robertson Liebler. The deal closed November 1. Built in…