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From the Newsroom
June 21, 2021
Berkadia Closes $45MM Tax Credit Equity Deal in Hawaii
PHILADELPHIA, PA – June 17, 2021 – Berkadia Affordable Housing is pleased to announce the $45MM closing of Halewai’olu Senior Residences, a new construction community in Honolulu, Hawaii. Halewai’olu Senior Residences will be Berkadia’s largest LIHTC equity placement to date. Once complete, it will provide 156 units to seniors age 62+ earning between 30%-80% AMI. It marks Berkadia’s fourth LIHTC…
June 17, 2021
Berkadia Brokers Sale of 315-Unit Apartment Property in Birmingham, Alabama
Birmingham, AL – June 17, 2021— Berkadia announced today the sale of The Point at Oak Mountain, a 315-unit Class B multifamily property in Birmingham, Alabama. Senior Director David Wilson, Associate Director Caleb Frizzell and Director Steve Nunnelley of Berkadia Alabama arranged the sale on behalf of the seller, Waypoint Residential. Waypoint acquired the property in 2015 in a Berkadia-brokered…
June 17, 2021
Berkadia Arranges Sale of Bay Harbor Islands Mixed-Use Development Site
David Martin’s Terra acquires the 1.83-acre site at 1177 Kane Concourse from Northwood Investors MIAMI (June 17, 2021) – Berkadia announces it has arranged the sale of a 1.83-acre development site in Miami’s Bay Harbor Islands. Located just west of Bal Harbour Shops, the 1177 Kane Concourse site includes 300 feet of frontage on Kane Concourse and is permitted for a mixed-use residential, retail and office…