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Mast Capital and Rockpoint obtained $44 million in refinancing for The Harlow, a 248-unit, Class A, garden-style multifamily community in Wesley Chapel, Florida. Berkadia’s Mitch Sinberg, Scott Wadler, Matthew Robbins…
Berkadia arranged a $118.6 million loan on behalf of Gatsby Florida for the construction of The Palm, Palm Beach Gardens. Upon completion in 2028, the eight-story, 200,000-square-foot development will deliver office a…
Berkadia has added senior managing Directors Kevin Gleason and Brendan Shields and director Maggie McFarland to its investment sales platform in Boston. Gleason, Shields and McFarland specialize in multifamily investm…
MIAMI — Berkadia has arranged the $62.3 million sale of The Grove at 3250 Mary, a five-story, 80,000-square-foot office building located on a 1.3-acre site in Miami’s Coconut Grove neighborhood. An entity doing busine…
Housing isn’t making anyone happy these days. In a survey of more than 100 principals and executives across private real estate investment firms, Berkadia found that 61 percent of respondents characterized their outlo…
Berkadia brokered the sale of MacArthur Park, a 290-unit, garden-style multifamily property in Augusta, Georgia. Christian DiCroce, Jim Sewell, Dave Lansbury, and Erika Maston of Berkadia Charleston led the transactio…
Pearlmark has sold ShoreView Waterfront Apartments, a 216-unit Class A waterfront multifamily community located at 1161 3rd Avenue N in downtown Bradenton. Berkadia’s Matt Mitchell and Chris Burtner of Berkadia Florid…
Cardone Capital paid $89.9 million, including 282 Bitcoin, for Orchid Run, a 282-unit apartment development in Naples, Florida. The Inland Real Estate Group of Companies was the seller. Berkadia’s Matt Mitchell and Ch…
NAPLES, FLA. — Berkadia has arranged the $89.9 million sale of Orchid Run, a 282-unit, garden-style apartment community located at 10991 Lost Lake Drive in Naples. Matt Mitchell and Chris Burtner of Berkadia represent…
ST. CLOUD, FLA. — Berkadia has arranged $19.1 million in acquisition financing for Ibis Park at Harmony West, a newly constructed, build-to-rent (BTR) residential community located at 7110 Sandhill Crane Way in St. Cl…
Berkadia announced the recapitalization of Enclave at 127th, a 340-unit value-add apartment community in Plainfield, Illinois. The transaction was led by Senior Managing Directors Gordon Reynolds and Brian Myers and V…
ELIZABETH, N.J. — Berkadia has brokered the $8.7 million sale of Aberdeen Arms Apartments, a 52-unit building located in the Northern New Jersey community of Elizabeth. Built in 1965, Aberdeen Arms offers 10 one-bedro…
Multifamily demand is resilient, supply is easing and market conditions are improving overall now.
MANASSAS, VA. — Berkadia has arranged the sale of Masons Keepe, a 270-unit multifamily community located in Manassas, roughly 31 miles southwest of Washington, D.C. The sales price was not disclosed, but CoStar Group…
HOUSTON — Berkadia has brokered the sale of Harper’s Mill, a 180-unit apartment complex in northwest Houston. Built in 1984, the property offers one- and two-bedroom units and amenities such as a pool, business center…
CHADDS FORD, PA. — Berkadia has arranged the sale of Restore Orthopaedic Surgical Institute, an 18,630-square-foot ambulatory surgery center in Chadds Ford, a western suburb of Philadelphia. The facility was built in…
Senior Living Transformation Company (SLTC) and Sabal Investment Holdings have secured $50 million to acquire and improve two senior living communities that specialize in assisted living and memory care: Daylesford Cr…
BISMARCK, N.D. — Berkadia has arranged the equity placement and financing for the development of Vibra Hospital of the Central Dakotas, a 50-bed inpatient rehabilitation facility and long-term acute care hospital (LTA…
Berkadia arranged the sale and acquisition financing of two value-add, neighboring Castro Valley multifamily communities with a total of 135 units. They included the Cedars, an 83-unit property that sold for $21.45 mi…
CASTRO VALLEY, CALIF. — Berkadia has arranged the $35.5 million sale and acquisition financing of two neighboring value-add multifamily communities located in Northern California in Castro Valley. Felson Cos., the ori…
CASTRO VALLEY, CALIF. — Berkadia has arranged the $35.5 million sale of The Cedars and Creekside Terrace, two neighboring, value-add multifamily properties located in the Northern California city of Castro Valley. Fel…
Berkadia has arranged the sale and financing of Masons Keepe, a 270-unit garden-style multifamily community located in Manassas, Virginia. Senior Managing Director Brian Crivella, Managing Directors Bill Gribbin and Y…
Berkadia brokered the sale and financing of two garden-style multifamily properties in Augusta, Georgia: Stevens Creek Commons and Marks Church Commons. Berkadia’s Mike Riley, Ian Shaw, Andrew Mays and Paul Vetter led…
Berkadia secured $12.66 million to refinance Mirage Bay, a 137-unit garden-style multifamily community in Fort Myers, Florida. Mitch Sinberg, Scott Wadler, Matt Robbins and Brad Williamson of Berkadia Miami and Boca R…
Berkadia completed the sale of The Commodore, a 423-unit luxury multifamily community with 18,461 square feet of ground-floor retail located in Arlington, Virginia’s Court House neighborhood. Senior Managing Dir…
ORLANDO AND DAVENPORT, FLA. — Berkadia has secured a combined $85.4 million for the refinancing of two Orlando-area multifamily communities. Matt Robbins, Mitch Sinberg, Brad Williamson, Scott Wadler and Hugo Hernande…
ARLINGTON, VA. — Berkadia has negotiated the sale of The Commodore, a 20-story high-rise apartment tower located at 2055 15th St. N in Arlington. GID purchased the community for an undisclosed price. Brian Crivella, Y…
Berkadia has appointed a veteran multifamily capital markets executive as its new Chief Revenue Officer, tasking him with unifying and scaling the firm’s mortgage banking and investment sales platforms as annual origi…
Blake Okland , who led Cushman & Wakefield ’s multifamily capital markets platform from December 2023 to early 2026, has joined Berkadia as the firm’s chief revenue officer, Commercial Observer can first report. Oklan…
PALM BEACH GARDENS, FLA. — Berkadia has arranged a $100.4 million loan for the refinancing of DiVosta Towers, a two-building office campus located at 3825 and 3835 PGA Blvd. in Palm Beach Gardens, a city in South Flor…
BOILING SPRINGS, S.C. — Berkadia has arranged the sale of Villas at Lawson Creek, a 202-unit, garden-style apartment community located at 9159 Asheville Highway in Boiling Springs, a northern suburb of Spartanburg, S.…
Berkadia arranged a $124.6 million loan on behalf of Harbor Group International (HGI) to refinance Alesio Urban Center, a mixed-use community featuring 908 apartment homes and 55,499 square feet of retail and commerci…
IRVING, TEXAS — Berkadia has arranged a $124.6 million loan for the refinancing of Alesio Urban Center, a mixed-use property in Irving’s Las Colinas district that consists of 908 apartments and 55,499 square feet of c…
LAKE ORION, MICH. — Berkadia has arranged a $35.2 million loan to refinance Indian Lake Village Apartments, a 394-unit multifamily property in Lake Orion, a village located in the northern outskirts of Detroit. Wesley…
Berkadia secured a $126.407-million loan to refinance Two Clinton Park, a 28-story luxury apartment tower with 390 residences and 7,574 square feet of ground-floor retail space at 50 Clinton Pl. in downtown New Rochel…
MAGNOLIA, TEXAS — Berkadia has brokered the sale of Alders Magnolia, a 184-unit active adult complex located roughly 40 miles northwest of Houston. Built in 2021, the property offers amenities such as a pool, spa, the…
NEW ROCHELLE, N.Y. — Berkadia has provided a $126.4 million Fannie Mae loan for the refinancing of Two Clinton Park, a 28-story apartment building located north of New York City in New Rochelle. Built in 2024, Two Cli…
POQUOSON, VA. — Berkadia has arranged the $52.4 million sale of The Flats at Legacy, a 176-unit multifamily community located off the coast of Virginia on Bull Island. Drew White, Carter Wood, Matt Straughan and Cole…
Fenton Management Company has secured $35.2 million to refinance Indian Lake Village Apartments , a 394-unit multifamily community located just outside of Detroit, Mich., Commercial Observer can first report., Berkadi…
LEAGUE CITY, TEXAS — Berkadia has brokered the sale of Grand Living at Tuscan Lakes, a 186-unit seniors housing property in League City, about 30 miles southeast of Houston. Opened in 2023, the property offers indepen…
WASHINGTON, D.C. — Berkadia has secured $37.6 million in C-PACE (Commercial Property-Assessed Clean Energy) financing for 1201 Sycamore, a trophy outpatient medical and community services facility located in Washingto…
NOKOMIS, FLA. — Berkadia has arranged an $82.1 million loan for the refinancing of Render Legacy Trail, a 450-unit apartment community located at 15560 Render Way in Nokomis, a suburb of Sarasota. Patrick McGlohn, Bri…
SUNNY ISLES BEACH, FLA. — Berkadia has brokered the sale of Solé Miami, A Noble House Resort, a 294-key condominium hotel located in Sunny Isles Beach, about 20 miles north of downtown Miami. The resort features beach…
Berkadia brokered the sale of Grand Living at Tuscan Lakes, a Class-A senior living community in League City, Texas, approximately 30 miles southeast of downtown Houston. Grand Living at Tuscan Lakes was purchased by…