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From the Newsroom
May 26, 2021
Berkadia Secures $20.6M Loan for Condo Hotel-to-Apartment Conversion on Florida’s West Coast
Tampa, Fla. (May 25, 2021) – Berkadia announces it has arranged $20.6 million in financing for the acquisition of 155 out of 158 units at Harborside Suites at Little Harbor, a waterfront hotel-condominium property located in Ruskin, Florida, approximately 30 minutes south of Tampa. Managing Director Christopher Apone and Senior Managing Director Charles Foschini of Berkadia Miami secured the financing…
May 26, 2021
Berkadia Secures $16.5 Million in Financing for Sevilla Place Apartments in Foley, Alabama
Foley, AL – May 26, 2021 – Berkadia announced today the acquisition financing of Sevilla Place Apartments, a 120-unit, garden-style multifamily property in Foley, Alabama. Senior Director Josh Finley of Berkadia Atlanta secured $16.5 million in acquisition financing through Fannie Mae on behalf of the buyer, Georgia-based Henssler Capital. The deal closed May 26. The 10-year loan featured 5 years…
May 25, 2021
Berkadia Secures $16.74 Million in Financing for 1 Lofts in Pawtucket, Rhode Island
Pawtucket, RI – May 25, 2021 – Berkadia announced today the financing of 1 Lofts, a 112-unit, loft-style multifamily property in Pawtucket, Rhode Island. Senior Managing Director Kevin Kozminske and Managing Director Yuri Kletsman of Berkadia St. Louis and Berkadia New York, respectively, secured $16,736,000 in HUD 223(f) financing on behalf of the Rhode Island-based client. The deal closed May…