Berkadia provided the financing for and equity sourced for Legacy Park, a 250-unit, 2009 vintage, garden-style walk-up apartment community in Brownsburg, Indiana.Â
Cody Kirkpatrick, Noam Franklin and Chinmay Bhatt of Berkadia JV Equity & Structured Capital arranged $13 million in institutional equity for Wilkinson Corporation’s acquisition.
Richard Levine of Berkadia Atlanta secured $29.947 million in financing on behalf of the buyer. The seven-year loan was financed through Freddie Mac.
Located at 6750 Legacy Park Drive, Legacy Park features one-, two-, and three-bedroom floorplans averaging 1,056 square feet with in-unit washers and dryers and private patios and balconies. Community amenities include a golf simulator, a swimming pool with a sundeck, a 24-hour fitness center, a clubhouse, and enclosed garages.
Residents are afforded convenient access to The Brownsburg school district, IU Health West Hospital, Indianapolis International Airport, Go Ape Zipline and Adventure Park, and access to multiple shopping centers, including Costco, Walmart, Home Depot, and Kroger.
