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From the Newsroom
October 14, 2021
Berkadia Secures $21.5 Million in Financing for Multifamily Property in Texas
AUSTIN, Texas – October 14, 2021 – Berkadia today announced the financing secured for The Park at Ashford, a garden-style multifamily property in Arlington, Texas. Managing Director Andy Hill and Associate Director Tyler Nowlin of Berkadia Austin secured the $21.5 million in acquisition financing for the property on behalf of the borrower, Delaware-based WREF Park Ashford, LP. The deal closed…
October 13, 2021
Berkadia Arranges $28.35 Million in Combined Financing for the Acquisition of Two Multifamily Communities in Brandon, Florida
Bayshore Investment Partners acquired Avenue at Creekbridge for $22 million and Westwood at 60 for $18 million TAMPA, Fla. (October 5, 2021) – Berkadia announces it has secured $28.35 million in combined financing for the acquisition of two multifamily communities in Brandon, Florida. Bayshore Investment Partners, a Miami-based private equity firm, acquired Avenue at Creekbridge, a 112-unit apartment community for…
October 13, 2021
Berkadia Seniors Housing & Healthcare Arranges $20.6 Million in Financing for Assisted Living Memory Care Facilities
Phoenix, AZ – October 13, 2021 – Berkadia Seniors Housing & Healthcare announced today the $20.6 million in HUD financing across two transactions. The first transaction was an $11.19 million HUD loan for an Affordable Assisted Living Community secured by Managing Director Jay Healy via the 232/223(f) program for a Texas based non-profit sponsor. The loan, carrying an interest rate…