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From the Newsroom
May 13, 2021
Berkadia Arranges Sale and Financing of 322-Unit Apartment Property in Birmingham, Alabama
Birmingham, AL – May 13, 2021— Berkadia announced today the sale of 100 Inverness, a 322-unit Class B multifamily property Birmingham, Alabama. Senior Director David Wilson, Associate Director Caleb Frizzell and Director Steve Nunnelley of Berkadia Birmingham, with support from David Oakley of OG Capital, arranged the sale on behalf of Colorado-based FPA Multifamily. Senior Managing Director Tucker Knight of…
May 12, 2021
Berkadia Adds Affordable Housing Expert to Investment Sales Team
Chevy Chase, MD – May 13, 2021 – Berkadia announced today the continued expansion of its Affordable Housing platform with the addition of Senior Director Johnathan Smith to its investment sales team. Smith has been involved in the sale of over 300 multifamily assets amounting to more than 37,000 units with a total real estate value exceeding $3 billion. “Adding Johnathan to our team increases the breadth of knowledge and…
May 11, 2021
Berkadia Secures $18.5 Million in Financing for Alturas Embry Hills in Doraville, Georgia
Doraville, GA – May 11, 2021 – Berkadia announced today the acquisition financing of Alturas Embry Hills, a 140-unit, garden-style multifamily property in Doraville, Georgia. Senior Director Josh Finley of Berkadia Atlanta secured $18.5 million in acquisition financing through Freddie Mac on behalf of the buyer, New York-based Quad Property Group. The deal closed May 7. The 10-year loan featured…