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From the Newsroom
November 7, 2025
The Westcliff Courtyard Apartments, Newport Beach, CA | Sold by Berkadia 2025
Berkadia Negotiates $11.5M Multifamily Sale in Newport Beach, California Newport Beach, California – November 7, 2025 – Berkadia, a distinguished leader in the commercial real estate sector, announced today the sale of The Westcliff Courtyard Apartments, a 18-unit, coastal-style multifamily property in Newport Beach, California. Managing Directors Bruce Furniss of Berkadia Irvine and Steffan Braunlich of Berkadia El Segundo led the transaction on behalf of the seller. The deal closed on October 31. The Westcliff Courtyard Apartments sold for $11.5 million to Newport Beach-based IB Townhomes, LLC at a 3.27% cap rate and 18.3 GRM.…
November 6, 2025
Elyps, Fort Lauderdale, FL | Financed by Berkadia 2025
Berkadia Provides $25M Loan for Ram’s Acquisition of Apartments in Fort Lauderdale Fort Lauderdale, Florida – November 6, 2025 – Berkadia, a distinguished leader in the commercial real estate sector, announces that it originated a $24.64 million loan on behalf of Rental Asset Management (RAM) for the acquisition of Elyps, a 140-unit apartment community located in the Marina Bay neighborhood of Fort Lauderdale, Florida. The financing was arranged by Senior Managing Director Mitch Sinberg, Managing Directors Scott Wadler, Brad…
November 5, 2025
Clayton Oaks Living, Richmond, TX | Sold by Berkadia 2025
Berkadia Completes Assisted Living & Memory Care Sale in Houston MSA Houston, Texas – November 5, 2025 – Berkadia, a distinguished leader in the commercial real estate sector, announced today the sale of Clayton Oaks Living, a 98-unit assisted living and memory community in Richmond, Texas, located in the southwest suburbs of Houston. Managing Directors Cody Tremper, Dave Fasano, Mike…