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From the Newsroom
November 1, 2021
Berkadia Secures Over $35 Million in Construction Financing for Multifamily Property in Virginia
RICHMOND, Va. – November 2, 2021 – Berkadia announced today the financing secured for the second phase development of Meadow Branch, a garden-style multifamily property in Winchester, Virginia. Senior Managing Director David Blake, Senior Director Stephen Murden and Director Amy Gay of Berkadia Richmond secured the $35.4 million in construction financing on behalf of the borrower, Virginia-based Denstock, LLC. The…
November 1, 2021
Berkadia Secures Joint Venture Partner for Toll Brothers Apartment Living® To Develop 218-Unit Rental Community in Santa Ana, California
EJF Capital LLC provides $31.7 million toward the development of Rafferty, a 218-unit mixed-use community in a Qualified Opportunity Zone (QOZ) in downtown Santa Ana LOS ANGELES (November 1, 2021) – Berkadia today announced that it has secured a joint venture partner for the nation’s leading builder of luxury homes Toll Brothers, Inc. (NYSE: TOL), through its Toll Brothers Apartment…
October 29, 2021
Berkadia Secures $148 Million Loan on Behalf of Lowe and Atlas Hotels Through Varde Partners to Refinance Town & Country Resort in San Diego
SAN DIEGO – October 29, 2021 – Berkadia today announced the closing of the financing of the newly-transformed Town & Country Resort located in San Diego, California. Managing Director Scott Hall and Senior Director Aaron Lapping of Berkadia secured the $148 million floating rate loan through Värde Partners on behalf of the borrower, a partnership between Lowe and Atlas Hotels.…