Berkadia Arranges Sale of 228-Unit Multifamily Property Near Madison, Wisconsin
Why this matters
Multifamily has been the most actively underwritten sector through the rate cycle, with cap rate compression resuming in Sun Belt and gateway markets as 2024-2025 deliveries roll off and refinance demand on 2021-vintage bridge loans clears. Transaction velocity is up modestly, concentrated in stabilized Class A and grocery-adjacent garden assets. Allocators continue to favor residential for its income durability and its insulation from secular demand questions that still hang over commercial sectors.
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On the RET wire
- Disclosed multifamily deal value tracked in October 2026: $4.5B across 54 reported transactions. All Multifamily coverage →
- 22 stories mentioning Berkadia on the wire in the past 90 days. Berkadia coverage →
Computed from Real Estate Trail’s own tracked coverage
SUN PRAIRIE, WIS. — Berkadia has arranged the sale of Aster at Sun Prairie, a 228-unit multifamily property formerly known as Springs at Sun Prairie. Pete Evans and Richard Evans of Berkadia represented the seller, Me…
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