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From the Newsroom
June 17, 2021
Berkadia Secures $14.3 Million Construction Loan for VA Clinic in Sumter, SC
Sumter, SC (June 16, 2021) – Berkadia announces it has arranged $14.3 million in construction financing for the development of a Veterans Affairs clinic in Sumter, South Carolina, just east of Columbia. Managing Directors Michael Weinberg and Rebecca Van Reken, along with Associate Director Alec Fox of Berkadia Orlando, secured the financing on behalf of Blue Cord DevGroup, LLC. The…
June 15, 2021
Berkadia Completes Around $100 Million Sale of Multifamily Property in St. Louis
LOUIS – June 11, 2021 – Berkadia today announced the around $100 million sale of The PARQ at Chesterfield Village, a 345-unit midrise multifamily property in St. Louis. Senior Director Andrea Kendrick, Managing Director Ken Aston and Director Bobby Mills of Berkadia St. Louis completed the sale on behalf of the seller, Indiana-based Watermark Residential, a wholly owned affiliate of…
June 9, 2021
Berkadia Completes $30 Million Sale for Hotel Portfolio in Virginia
ASHBURN, VA — June 9, 2021 — Berkadia announced today the $30 million sale for Embassy Suites and Homewood Suites Dulles North, a 244-room suites product dual brand property in Ashburn, Virginia. Managing Director Dan Hawkins, Senior Director John Testerman and Associate Director John Kluh of Berkadia Hotels & Hospitality completed the sale on behalf of the seller, Maryland-based The…