Berkadia, New York, said the multifamily market remains healthy despite weakening fundamentals, capital markets uncertainty, persistent inflation and recession rumors.
Tag: Berkadia
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Dealmaker: Berkadia Completes $20.35M Sale of California Multifamily Property
Berkadia, New York, sold YOLO West Apartments, a 45-unit multifamily property, plus retail stores, in Ventura, Calif.
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Dealmaker: Berkadia Secures $20M for Iowa Multifamily
Berkadia secured $20 million for District 42 Apartments, a 215-unit mid-rise multifamily property in Sioux City, Iowa.
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Dealmaker: Comstock, Berkadia Secure $78M Refinancing
Comstock Holding Cos., Reston, Va., jointly structured a 10-year, 4.5% fixed-rate $77.5 million loan with Berkadia Commercial Mortgage, New York, to refinance Phase II of Comstock’s Loudoun Station in northern Virginia.
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Dealmaker: Berkadia Completes $48M Apartment Community Sale
Berkadia Institutional Solutions sold Hardy Springs, a 149-unit single-story 55-plus apartment community in suburban Atlanta.
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Dealmaker: Cushman & Wakefield Advises UCLA on $80M Campus Acquisition
Cushman & Wakefield, Chicago, is representing the University of California Los Angeles as it acquires the former Marymount California University campus in Rancho Palos Verdes, Calif.
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Dealmaker: Berkadia Arranges $58M Construction Loan in Miami
Berkadia, New York, arranged $57.5 million in construction financing for Fourteen Residences Allapattah, a two-tower, 237-unit Miami apartment community.
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Multifamily Professionals See Increased Demand in Second Half
The multifamily market is seeing increased demand despite rising rent and interest rates, reported Berkadia, New York.
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Dealmaker: Berkadia Closes $28M in Multifamily Property Sales
Berkadia closed the sale of Aviary Village and The Cloisters, two South Carolina multifamily properties.
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Jeff Coles of Berkadia on Single-Family Rental/Built-for-Rent Markets
Jeff Coles is Vice President of Institutional Client Services with Berkadia, Washington, D.C. He leads Berkadia’s Single-Family Rental & Built-for-Rent specialty.