Berkadia, Ambler, Pa., secured a $31.5 million bridge loan for sponsor Midtown Capital to complete The Astoria, a 149-unit apartment community in Salt Lake City, Utah.
Tag: Berkadia
Berkadia Poll: Expectations of Increased Multifamily Activity in 2025
Berkadia, Ambler, Pa., released its latest Multifamily Powerhouse Poll Outlook, finding that respondents expect increased multifamily transaction activity this year, driven by improving economic outlook.
MBA Recognizes Northmarq, Berkadia with Commercial/Multifamily Leadership Awards
SAN DIEGO–The Mortgage Bankers Association formally recognized two member firms, Northmarq and Berkadia, here at its 2025 Commercial/Multifamily Finance Convention and Expo.
Dealmaker: Berkadia Arranges $126M Sale, $94M Financing in Sacramento
Berkadia, Ambler, Pa., arranged the $126 million sale of The Strand, a new 408-unit, garden-style apartment community in West Sacramento, Calif.
Dealmaker: Berkadia Completes $44M Sale, $33M Loan in North Hollywood
Berkadia, Ambler, Pa., closed the sale and financing of Marquee, a 236-unit garden-style multifamily property in North Hollywood, Calif.
Dealmaker: Berkadia Secures $111M in Debt, Equity for Florida Apartments
Berkadia, Ambler, Pa., secured $111 million for two new garden-style multifamily communities on Florida’s east and west coasts: Madison Bradenton in Bradenton and Madison Midtown in Melbourne.
Dealmaker: Berkadia Announces Multiple Florida Transactions
Berkadia, New York, announced three recent transactions in Florida.
Dealmaker: Berkadia Secures $400M Construction Loan for The Residences at Six Fisher Island
Related Group, Teddy Sagi and BH Group received a $400 million construction loan for The Residences at Six Fisher Island from Madison Realty Capital.
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.