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From the Newsroom
September 16, 2021
Berkadia Negotiates $4.56 Million Multifamily Sale in Hawthorne, California
EL SEGUNDO, CA – September 16, 2021 – Berkadia announced today the sale of The Franklin Apartments, a 28-unit, garden-style multifamily property in Hawthorne, California. Senior Director Steffan Braunlich of Berkadia El Segundo led the transaction on behalf of the seller, Hawthorne-based Willie S. Bullock Trust and the buyer, Arcadia-based Positive Investments. The property closed in 15 days at a…
September 15, 2021
Berkadia Completes $17.5 Million Opportunity Zone Sale and Secures Over $13 Million in Financing for Multifamily Property in Denver
DENVER and SEATTLE – September 15, 2021 – Berkadia announced today the sale of and financing secured for Mile High Place, a 60-unit midrise multifamily property in Denver, Colorado. Senior Directors Nick Steele and John Laratta and Associate Directors Tyler King and Nate Moyer of Berkadia Denver completed the $17.5 million sale on behalf of the seller, Colorado-based Highland Builders…
September 15, 2021
Berkadia Secures Over $20 Million in Financing for Multifamily Property in Southern California
LOS ANGELES – September 15, 2021 – Berkadia today announced the financing secured for Mayfair at Wagon Wheel, a midrise multifamily property located in Oxnard, California. Managing Director Allan Freedman of Berkadia Los Angeles secured the $20.6 million in permanent refinancing on behalf of California-based Mayfair LLC. The deal closed on August 9. The 10-year loan features five years of…