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OhioFinanceMultifamily

Berkadia provides refinance dollars for 216-unit multifamily property in Columbus

August 29, 2022
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Berkadia secured the financing for The Thomas, a 216-unit garden-style multifamily property in Columbus, Ohio.

Senior managing director Matthew Napoleon and managing director Scott Wilkie of Berkadia Columbus secured permanent refinancing on behalf of the borrower, Ohio-based Wilcox Communities. The deal closed on July 22.  

The 12-year term loan was financed through MetLife Real Estate Investments. 

The Thomas is a new luxury apartment home community in Worthington, Ohio. It is situated less than 10 minutes from Polaris Fashion Place, near High Banks Metro Park, and less than 20 minutes from downtown Columbus. 

The one- and two-bedroom apartment homes for rent feature wood-style plank floors, white quartz countertops, stainless steel appliances, soft close grey-stained shaker cabinets, subway tile backsplash and other luxurious touches throughout each living space. 

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