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From the Newsroom
September 14, 2021
Berkadia and CBRE Negotiate Sale of Prime Corner Development Site in Brentwood (Los Angeles)
LOS ANGELES– September 14, 2021 – Berkadia and CBRE announced today the sale of the Prime Brentwood Development, a choice infill 22,450-sq.ft. corner site on Wilshire Boulevard in prime Brentwood, California. Managing Director Adrienne Barr of Berkadia and Jeff Pion of CBRE led the transaction on behalf of the Los Angeles-based seller. The site sold in a private transaction that…
September 13, 2021
Berkadia Arranges $38 Million Recap for New Jacksonville Apartments
Jacksonville, Fla. (September 3, 2021) – Berkadia announces it has arranged a $38.76 million loan for the recapitalization of The Solera at Kendall West, a 244-unit luxury apartment community built in 2020. Senior Managing Director Mitch Sinberg and Associate Director Matthew Robbins of Berkadia Boca Raton secured the financing on behalf of the sponsor, Rich Properties. Berkadia originated the Fannie…
September 13, 2021
Berkadia Arranges $47.07M Loan for Westside Capital’s Acquisition of Second Waterfront Residential Tower in Fort Myers
Campo Felice, a 24-story luxury multifamily apartment tower, was purchased for $55 million in an off market special situation sale Fort Myers, Fla. (September 8, 2021) – Berkadia announces it has arranged financing for the acquisition of a 24-story residential tower with 323 apartment units located in the historic downtown of Fort Myers, Fla. Campo Felice was acquired for $55…