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From the Newsroom
May 26, 2021
Berkadia Secures Over $56 Million in Financing for Two Multifamily Properties Near Indianapolis
INDIANAPOLIS – May 26, 2021 – Berkadia today announced the financing secured for Barton Farms and Bexley Village, two multifamily properties located in Greenwood, Indiana. Managing Director Jason Brown and Senior Real Estate Analyst Austin Katai of Berkadia Indianapolis secured the $56.7 million in acquisition financing on behalf of the borrower, Indiana-based Zidan Management Group, Inc. The deal closed on…
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…