Berkadia closes $33 million loan for downtown Cleveland office building
Berkadia recently closed a loan of $33.2 million for the US Bank Centre building at 1350 Euclid Ave. in downtown Cleveland.
Berkadia
Berkadia completes sale of multifamily property in Illinois
Berkadia announced the sale of Nantucket Cove, a 240-unit, garden-style multifamily property in Champaign, Illinois. Managing directors Alex Blagojevich and Ralph DePasquale, along with directors…
Berkadia provides $100 million of financing for iconic Cleveland tower
Berkadia secured $100 million in financing for Ernst & Young Office Tower, a 23-story office property in downtown Cleveland. Senior managing director Mark Vogel and…
Social media, changing views of travel boosting hotel business
RevPAR, the most important number for hotel owners, finally showed a decline in September, falling 0.3 percent. This, though, was the first time this number…
Former Salvation Army center will undergo $49M transformation into multifamily project The Duncan
Berkadia announced the $49 million financing for The Duncan, a redevelopment of the former Salvation Army Freedom Center at 1515 W. Monroe Street into a…
CREW honors leaders at its annual conference
CREW (Commercial Real Estate Women) Network honored its 2018 Distinguished Leaders and Impact Award winners Oct. 18 and 19 at the CREW Network Convention and…
Berkadia provides $37 million in financing for Cleveland redevelopment
Berkadia provided $37.9 million in financing for The Euclid Grand, a mixed-use historic redevelopment in downtown Cleveland that will feature 239 apartment units, 196 parking…
Berkadia’s Kendrick: No slowdown in sight for St. Louis apartment market
Is there a slowdown in the multifamily market? Not in St. Louis. Just ask Andrea Kendrick, senior director with the St. Louis office of Berkadia.
Fannie Mae names interim chief executive officer
Fannie Mae has appointed Hugh Frater as interim chief executive officer. Frater’s appointment will be effective on Oct. 16. He will succeed Timothy Mayopoulos, who…
Berkadia closes $19 million student-housing sale at Western Michigan University
Berkadia closed the $19 million sale of 700 SoHo, a student housing community in Kalamazoo, Michigan, near Western Michigan University.