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From the Newsroom
September 2, 2021
Berkadia Structures $51 Million in Financing for Vitus Affordable Community in Jonesboro, Georgia
Atlanta, GA – September 2, 2021 – Berkadia announced today that it structured $51 million in financing for the redevelopment of Riverwood Townhouses, an affordable housing development in Jonesboro, Georgia. The property was recently acquired by Vitus, a national developer and owner of affordable housing. Senior Managing Director Tim Leonhard of Berkadia Affordable Housing secured both $25.9 million of acquisition…
August 31, 2021
Berkadia Completes Sale and Secures Financing for Multifamily Property in Florida
ORLANDO, Fla. and MIAMI – August 30, 2021 – Berkadia today announced the sale of and financing secured for Sweetwater on 16th, a 242-unit garden-style multifamily property located in Gainesville, Florida. Director Greg Rainey of Berkadia Jacksonville and Senior Managing Director Cole Whitaker of Berkadia Orlando, along with support from their local Berkadia colleagues, together completed the sale on behalf…
August 31, 2021
Berkadia Arranges Sale of 192-unit Multifamily Community in Houston’s Energy Corridor
West End on Eldridge sold to Westmount Realty Capital HOUSTON (Aug. 30, 2021) – Berkadia announces it has arranged the sale of West End on Eldridge, a 192-unit apartment community located in Houston’s Energy Corridor submarket. Senior Managing Directors Chris Curry and Todd Marix, Managing Directors Joey Rippel, Chris Young and Jeffrey Skipworth, and Director Kyle Whitney of Berkadia Houston…