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From the Newsroom
September 20, 2021
Berkadia Institutional Solutions Powered by Moran Completes Nearly $145 Million in Sales for Multifamily Portfolio in Atlanta
ATLANTA — September 17, 2021 — Berkadia Institutional Solutions, powered by Moran, announced today the sale of a two-property multifamily portfolio, consisting of The Mille Brookhaven and TwentyNine24 Brookhaven, located in Atlanta, Georgia. Managing Director Russ Hardy of Berkadia Atlanta completed the nearly $145 million in combined sales on behalf of the seller, California-based FPA Multifamily, LLC. The buyer was…
September 20, 2021
Berkadia Completes $39 Million Sale of Multifamily Property in Bloomington, Illinois
CHICAGO — September 20, 2021 — Berkadia announced today the $39.15 million sale of Traditions Bloomington, a 396-unit garden-style multifamily property in Bloomington, Illinois. Managing Director Ralph DePasquale of Berkadia Chicago, and Senior Managing Directors Jeff Irish and Brandon Grisham of Berkadia Affordable Housing, completed the sale on behalf of the seller, Minnesota-based Dominium. The buyer was Georgia-based Traditions Harmony…
September 16, 2021
Berkadia Arranges $91.49M Loan for Acquisition of Two Tampa Bay Apartment Communities
29th Street Capital acquired Henley Tampa Palms and Enclave at Northwood for $112 million TAMPA BAY, Fla. (September 16, 2021) – Berkadia announces it has secured $91 million in financing for the acquisition of two multifamily properties in the Tampa Bay area: Henley Tampa Palms, a 315-unit apartment community in Tampa, and Enclave at Northwood, a 188-unit apartment community in…