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From the Newsroom
July 6, 2021
Berkadia Secures Bridge Financing for 222-unit Community in Austin, Texas
AUSTIN, TX – July 6, 2021 – Berkadia announces it has arranged bridge financing for the acquisition of Lotus Village, a 222-unit apartment community in Austin, Texas. Managing Director Brad Williamson of Berkadia Miami secured the financing on behalf of a buyer affiliated with One Real Estate Investment, a real estate investment firm based in Miami. LoanCore originated the bridge…
July 2, 2021
Berkadia Secures $255 Million in Financing for Multifamily Property in Southern California
SAN FRANCISCO, CA – July 2, 2021 – Berkadia today announced the placement of financing for Park Newport, a 1,306-unit garden-style multifamily property in Newport Beach, California. Managing Director Andy Ahlers of Berkadia San Francisco secured the $255 million in permanent refinancing on behalf of the borrower, Park Newport LP. The deal closed on July 1. The long-term fixed-rate loan…
July 2, 2021
Berkadia Completes $39 Million Sale and Secures $32 Million in Financing for Multifamily Property in Denver
DENVER, CO – July 2, 2021 – Berkadia today announced the $39 million sale of and $32 million in financing secured for 16 Penn, a 99-unit midrise multifamily property in Denver, Colorado. Senior Directors Nick Steele and John Laratta, Director Tyler King and Associate Director Nate Moyer of Berkadia Denver completed the sale on behalf of the seller, Denver-based The…