Related Group, Teddy Sagi and BH Group received a $400 million construction loan for The Residences at Six Fisher Island from Madison Realty Capital.
Tag: Berkadia
Dealmaker: Berkadia Negotiates $19M Multifamily Sale in Tacoma, Wash.
Berkadia, New York, sold 88-unit multifamily property Bella Vista in Tacoma, Wash., for $18.5 million.
Origination Issues in Servicing: Communication Is Vital, Panel Says
NEW ORLEANS–Making sure originators and servicers are on the same page–on a variety of topics–is helpful to avoid issues down the road, panelists said during a discussion at the Mortgage Bankers Association Commercial/Multifamily Finance Servicing and Technology Conference May 21.
Dealmaker: Berkadia Secures $32M for Virginia Beach Multifamily
Berkadia, New York, secured $31.8 million in construction/permanent financing through the Virginia Housing Development Authority for Vanguard Landing, a 128-bedroom community to be developed in Virginia Beach, Va.
Cybersecurity Panelists Talk Trends, AI, Best Practices
NEW ORLEANS–“I guarantee we’re going to scare some people. And if you’re not scared when we leave, you weren’t paying attention,” promised Brett Adams, Senior Vice President & Managing Director, Servicing, Berkadia, on a panel about guarding against cybercrime May 20.
Dealmaker: Berkadia Secures $52M in Construction Financing for South Carolina Multifamily Property
Berkadia, New York, secured $52 million in construction financing for The ONE at Columbia, a three-story multifamily property in Columbia, S.C.
Dealmaker: Berkadia Secures $12M in JV Equity in Nevada
Berkadia, Ambler, Pa., arranged $11.5 million in joint venture equity for Five Ridges, a to-be-built 83-unit townhome-style development in Reno, Nev.
Dealmaker: Berkadia Closes $89M in Multifamily Sales
Berkadia, New York, closed $89 million in multifamily property sales in Denver, Colo. and Urbana, Ill.
Berkadia: Student Housing Fundamentals Still Strong, but Sales Environment Weaker
Berkadia, New York, released its 2024 U.S. Student Housing Market Report, finding student housing sales for 2023 fell 43% from 2022.
Dealmaker: Ease Capital Provides $32M in Bridge Financing for Virginia Beach Multifamily
Ease Capital, New York, provided Community Investment Group, Chesapeake, Va., with $32 million for the purchase and renovation of Dove Landing Apartments, a 318-unit garden-style multifamily community in Virginia Beach, Va.