Publix Apartments

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  • Publix Hotel Building to be Redeveloped as Multifamily Property

    Financing is now in place for the redevelopment of a Seattle multifamily property as Berkadia recently announced that it has provided construction funding for the Publix Apartments. The financing provider, a joint venture of Berkshire Hathaway and Leucadia National Corporation, worked on behalf of Publix, LLC to secure around $26 million. The company is converting a former hotel into a market-rate housing community in the Seattle’s Historic International District. The financing was arranged by Vice President Rob Affleck of Berkadia’s Camas, Washington office.

    Seattle 16 February 2015 06:06
  • Greystone Bassuk Group Closes $140M 80/20 Refi

    The Dermont Co. refinances 66 Rockwell Place in Brooklyn, N.Y.; Capital One closes a $52 million senior loan for a Connecticut continuing care property; and Berkadia negotiates construction financing.

    National 09 February 2015 19:28