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From the Newsroom
May 24, 2021
Berkadia Arranges $33.9M Bridge Loan for Class A Apartments in San Antonio
SAN ANTONIO (May 24, 2021) – Berkadia announces it has arranged $33.9 million in bridge financing for the recapitalization of Timberhill Commons, a 340-unit multifamily community in San Antonio. Senior Managing Director Charles Foschini of Berkadia Miami secured the loan on behalf of Timberhill Commons, Ltd. Key Bank originated the three-year, floating rate loan with two 1-year extension options and…
May 24, 2021
Berkadia Adds to Rapidly Growing GSE Small Balance Loan Platform
Berkadia Small Loans continues to grow rapidly, adding 16 team members in the last 6 months SACRAMENTO, CA – May 24, 2021 – Berkadia announced today the expansion of its Small Loan platform with the addition of Managing Director Adam Dosskey. The platform’s front-end screening and production is led by Christine Pratt, Head of Small Loan Originations, who joined Berkadia…
May 24, 2021
Berkadia Completes Sale of Multifamily Portfolio in Texas
SAN ANTONIO, Texas — May 24, 2021 — Berkadia announced today the sale of the Park West-Parliament Bend Portfolio, consisting of Park West and Parliament Bend, two multifamily properties in San Antonio, Texas. Managing Director Mike Miller, Senior Director Will Caruth and Director Cody Courtney of Berkadia San Antonio completed the sale on behalf of the seller, Texas-based The ValCap…