Berkadia
Interstate Equities & Clarion Partners Complete $45MM Recapitalization of 136-Unit Monterey Community
Deal with Clarion Partners comes 3 years after purchasing The Gates at Marina Los Altos, Calif. (April 18, 2024) – Interstate Equities Corporation (IEC) is...
Leggera Development’s Build-for-Rent Housing Project in Reno, Nev., Secures $11.53MM
Reno, Nev. – April 12, 2024 – Berkadia announced today that it has arranged $11.53 million in joint venture equity for Five Ridges,...
The Ezralow Company Secures $44.5MM in Refinancing for 270-Unit Multifamily Property in Fair Oaks
LOS ANGELES, California –– Berkadia announced today the refinancing of The Fountains of Fair Oaks, a 270-unit, garden-style multifamily property in Fair Oaks,...
514-Unit Northpoint Apartments Refinanced for $67.22MM in San Francisco
(Editor’s Note: Industry reports show the owner is an entity affiliated with North Point Investments.) SAN FRANCISCO – December 4, 2023 – Berkadia...
248-Unit Fresno Apartment Complex Sells for $82MM
Berkadia Institutional Solutions announced today the sale of Ascent Townhomes, a 248-unit multifamily property located in Fresno, California. Senior Director Mike Murphy and Associate Director Thomas Bender of Berkadia Irvine completed the...
Freddie Mac Provides $235MM in Financing for 1,841-Unit The Woods in San Jose
SAN FRANCISCO – June 13, 2022 – Berkadia announced today the financing secured for The Woods, a 1,841-unit garden-style multifamily property located in San...
Bell Partners Buys 260-Unit Cadence in South San Francisco for $206MM
(EDITOR’S NOTE: According to sources with knowledge of the transaction details, the property traded for $206 million, or just around $792,308 per unit.)...
Holland Partner Group Acquires 99-Year Ground Lease for 1,565-Unit Project in Santa Clara
Berkadia announced recently that it has brokered a ground lease for Phase I of Gateway Crossings, a 13.3-acre land site to be developed...
Berkadia Acquires Moran & Company’s Apartment Brokerage Practice to Further Expand its Institutional Investment Sales Capabilities
Together, the firms will create Berkadia Institutional Solutions, powered by Moran, a platform dedicated to offering institutional real estate investors best-in-class customized capital solutions to...
Berkadia Completes $14.6MM Recapitlization of Apartments Community Near Sacramento
Citrus Heights, Calif. (March 31, 2020) – Berkadia announces it has arranged $14.6 million in refinancing for Sierra Ridge Apartments, a 148-unit multifamily community...
Berkadia Names David Leopold Head of Affordable Housing
NEW YORK, NY – November 4, 2019 – Berkadia today announced the addition of David Leopold as Senior Vice President and Head of Affordable...
