Berkadia Expands Mortgage Originations Capabilities with Acquisition of Keystone Commercial Capital
- May 28, 2014
Horsham, Pa.—Berkadia Commercial Mortgage LLC announced the acquisition of Keystone Commercial Capital, a full-service commercial mortgage banking company headquartered in Phoenix. The deal was closed on May 23, 2014.
Founded in 2007 by Managing Partners Charlie Williams and Scott Holland, Keystone services more than $2 billion in commercial real estate loans for a diverse base of capital providers and maintains relationships with 23 of the country’s leading life insurance companies, as well as other conventional lending sources. This transition to Berkadia is inclusive of Partners Jon Krieger, Ryan Nelson, Gene Kim and the entire Keystone origination and support staff.
The transaction will add 16 employees to Berkadia through offices in Boston and San Diego, in addition to Phoenix, reinforcing Berkadia’s nationwide presence in more than 50 locations. Williams will continue to oversee operations in all three offices from Phoenix.