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From the Newsroom
July 28, 2021
Berkadia Structures $10 Million of Permanent Financing for Affordable Community in Kansas City, Kansas
Kansas City, KS– July 28, 2021 – Berkadia announced today that it structured a $10.06 million forward commitment for the permanent financing of Davidson’s Landing, an affordable housing development in Kansas City, Kansas. Managing Director Heather Olson of Berkadia Affordable Housing secured the permanent financing in partnership with Fannie Mae under their Tax-Exempt Bond Forward Commitment program. The deal closed…
July 27, 2021
Berkadia Secures $42 Million Recapitalization for a 248-Unit Community in Suburban Raleigh, North Carolina
Raleigh, N.C. (July 26, 2021) – Berkadia announces it has arranged $42 million in refinancing for Meridian at Harrison Pointe, a 248-unit multifamily community in Cary, North Carolina. Senior Directors Justin Ownby, Henry Tanner, and James (Jimbo) Tanner of Berkadia secured the financing on behalf of NorthView Partners, LLC. Berkadia originated and Freddie Mac purchased the loan. “Markets like the…
July 22, 2021
Berkadia Secures $33 Million in Financing for New Multifamily Construction in Texas
DALLAS – July 21, 2021 – Berkadia today announced the financing secured for Midtown Station Apartments, a 264-unit garden-style multifamily property in College Station, Texas. Senior Managing Director Tim Nunan of Berkadia Dallas secured the $33.31 million in permanent construction financing on behalf of the borrower, Delaware-based CS Midtown Holdings, LP, which is a partnership between Cross Development and StoneCreek…