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From the Newsroom
August 27, 2021
Berkadia Arranges $58M Financing for Westside Capital Group’s Acquisition of Waterfront Residential Tower in Downtown Fort Myers
Oasis Grand II was acquired in an off-market transaction for $71 million Fort Myers, Fla. (August 24, 2021) – Berkadia announces it has arranged financing for the acquisition of a landmark, 32-story residential tower in downtown Fort Myers, Fla. Westside Capital Group, a real estate investment holding firm based in Miami, acquired the Oasis Grand II for $71 million in…
August 24, 2021
Berkadia Secures $86 Million in Financing for Multifamily Property in Virginia
WASHINGTON, D.C. – August 23, 2021 – Berkadia announces it has secured an $86 million loan for the refinance of Meridian at Braddock Station, a 480-unit high-rise multifamily property located in Alexandria, Virginia. A major national life company provided the borrower with a 10-year interest-only loan. Located at 1200 First St., Meridian at Braddock Station offers studio, one- and two-bedroom…
August 18, 2021
Berkadia Completes Over $85 Million Sale of Multifamily Portfolio in Washington
SEATTLE – August 18, 2021 – Berkadia today announced the sale of a two-property multifamily portfolio in Washington, consisting of The Row and The Union. Senior Managing Director Kenny Dudunakis, Senior Directors David Sorensen and Ben Johnson and Associate Director George Pallis of Berkadia Seattle completed the $85.45 million sale on behalf of the seller, California-based Gelt Inc. The deal…