Finance & Investment
UDR Sells Seattle-Area Asset for $50M
Berkadia provided the new owner with a $30.5 million Freddie Mac acquisition loan.
Suburban Minneapolis Apartments Get $21M HUD Refi
Part of the financing will cover capital improvements to Oak Park Village’s 100 fully affordable units.
Domain Communities Refinances Affordable Atlanta Asset
Berkadia provided permanent financing for the 182-unit community for the second time in the last three years.
Toro Real Estate Sells Suburban Jacksonville Community
Arbor Realty Trust provided a $5 million loan for the 82-unit acquisition.
Los Angeles Community Trades for $20M
The 96-unit property sold to a private investor. KW Commercial brokered the deal.
CBRE Closes Northwest Los Angeles Multifamily Sale
First Vice President Melinda Russell represented both the buyer and seller in the trade of the 20-unit Studio City property.
HTG Breaks Ground on Miami Affordable Senior Community
The 60-unit community catering to residents aged 62 and over is slated for a 2021 completion.
Oakmont Properties Buys Denver-Area Community for $90M
CBRE represented both parties in the sale of Fusion 355 in Broomfield, Colo.
Morgan Properties Secures $661M Refinancing
Berkadia arranged the new loan for a 22-property portfolio across four states.
JV Lands $37M Loan for Affordable Los Angeles Redevelopment
The 92-unit structure is the third phase of a $1 billion project that brings new life to a 700-unit public housing community dating from 1955.