Business Specialties
Palm Beach-Area Community Trades for $26M
Berkadia’s South Florida office team represented sellers Coast Capital Partners and Naya USA, and arranged the acquisition loan on behalf of the buyer, One Real Estate Investment.
Mixed-Income Development Receives City Council Approval in Detroit
Bedrock Detroit and Woodborn Partners will develop a 900-unit residential neighborhood on the former Frederick Douglass public housing site, one of the largest vacant properties in the city.
The Story of MIRO: San Jose’s Tallest Development
Bayview Development Group’s Ted McMahon unveiled the story behind San Jose’s tallest residential project and explained how it will impact the city’s multifamily market. Mike DiNapoli of Suffolk Construction revealed why MIRO is part of the “build smart” trend.
Top 10 Columbus Multifamily Transactions
The city is quickly becoming the most important economy in Ohio, thanks to its relatively affordable housing and growing economy. This year, more than 2,000 units traded for a total of $266 million.
Spencer Equity Acquires Brooklyn Section 8 Building for $50M
The 250-unit property in Coney Island was sold by the Orbach Group in a transaction arranged by Rosewood Realty Group.
Capital Realty Spearheads 66-Building NJ Sale
The company brokered the $130 million sale, which includes 919 units in Bayonne and Union City. This represents the largest multifamily deal in the area in terms of both number of units and total sale price.
Top 10 Largest Multifamily Deals in Salt Lake City
A list of the most considerable transactions to have taken place in Utah’s largest city year-to-date, emphasizing strong investor interest in the metro.
RADCO Expands SC Footprint With $30M Buy
The company has acquired and rebranded two properties offering a combined 300 units in one of Charleston’s fastest-growing submarkets.
Roseland Residential Secures $131M for Jersey City Community
New York Life Real Estate Investors arranged the eight-year fixed-rate loan for Marbella Apartments in New Jersey. The 412-unit tower offers access to a spa, a dog run and a full service concierge.
Timberland Partners Sells Omaha Community
Vukota Capital secured a $24.7 million bridge loan to acquire and renovate Legacy Crossing, a 408-unit garden-style property in the city’s North Central submarket.