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From the Newsroom
May 3, 2021
Berkadia Secures $37 Million Recapitalization for 224-unit Community in Delray Beach, Florida
Delray Beach, Fla. (April 30, 2021) – Berkadia announces it has arranged $37 million in refinancing for The Enclave at Delray Beach, a 224-unit garden style apartment community in Delray Beach, Florida. Senior Managing Director Charles Foschini and Managing Director Christopher Apone of Berkadia Miami secured the financing on behalf of MSP Enterprises. John Hancock, a life correspondent company, originated…
April 29, 2021
Berkadia Completes Over $17 Million Sale and Secures $13 Million in Financing for Multifamily Property in Georgia
ATLANTA and SALT LAKE CITY – April 28, 2021 – Berkadia announced today the sale of and financing secured for Cambridge Heights, a 132-unit garden-style multifamily property located in Lithonia, Georgia. Senior Director Judy MacManus, Senior Managing Directors Andrew Mays and Paul Vetter and Director Matt White of Berkadia Atlanta completed the sale on behalf of the seller, New York-based…
April 29, 2021
Berkadia Completes $31.3 Million in Combined Sales of Two Multifamily Properties in Arizona
PHOENIX – April 28, 2021 – Berkadia today announced the sales of Pennytree and Sunnybrook, two garden-style multifamily properties in Downtown Mesa, Arizona. Senior Director Dan Cheyne and Senior Managing Directors Ric Holway and Mark Forrester of Berkadia Phoenix completed the $31.3 million in combined sales on behalf of the respective sellers. “Sunnybrook and Pennytree are both dynamic Downtown Mesa…