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From the Newsroom
March 26, 2021
Berkadia Secures $18 Million in Financing for Multifamily Property in Michigan
DETROIT – March 25, 2021 – Berkadia today announced the financing secured for Maple Village Apartments, a 240-unit garden-style multifamily property in Southgate, Michigan. Senior Managing Director Colin Callaghan, along with Managing Directors David Sibbold and Terry Halverson of Berkadia’s Detroit office secured the $18.1 million in HUD financing for the property on behalf of the borrower, an undisclosed entity.…
March 24, 2021
Berkadia Completes Over $43 Million Sale of Three Multifamily Properties in Illinois
CHICAGO – March 24, 2021 – Berkadia today announced the $43.2 million in combined sales of three multifamily properties, including Wing Park Apartments, Parkside Apartments and Stone Ridge Square. Managing Director Ralph DePasquale of Berkadia’s Chicago office led the sales team on behalf of their respective sellers. “The sale of these assets demonstrates continued strong investor demand for Illinois properties,”…
March 23, 2021
Berkadia Completes $29.2 Million Sale of Multifamily Property in Orlando
ORLANDO, Fla. – March 23, 2021 – Berkadia announced today the sale of The Mark at SoDo, a 258-unit garden-style multifamily property located in Orlando, Florida. Senior Managing Director Cole Whitaker, Director Mary Beale and Associate Director Lauren Gassie of Berkadia’s Orlando office completed the $29.2 million sale. The Mark at SoDo was sold by a real estate fund managed…