Scouting out a path forward for the multifamily sector in 2021
In early 2020, multifamily was a robust asset class in Chicago, with rising rental rates across nearly all property classes and submarkets. In early 2021,…
Berkadia
Berkadia sells 354-unit apartment community in Indianapolis
Berkadia closed the sale of Aberdeen Apartments, a 354-unit multifamily property in Indianapolis, Indiana. Berkadia’s Mid Markets Group including Senior Managing Director Alex Blagojevich and…
Berkadia provides $64 million in financing for multifamily properties in Grand Rapids
Berkadia financed two garden-style multifamily properties totaling 990 units in Grand Rapids, Michigan. Managing director Andy Ahlers of Berkadia’s San Francisco office secured both refinance…
Berkadia Affordable expands mortgage banking team with top producer Tim Leonhard
Berkadia expanded its affordable housing platform with the addition of industry leader, Tim Leonhard. Leonhard joins Berkadia as senior managing director and brings over 22…
Berkadia closes $20 million loan for Kansas City apartment development
Berkadia closed $20.5 million in financing for Summit Crossing Phase II, a townhome-style multifamily property in Kansas City, Missouri. Managing Director John Schorgl of Berkadia’s…
Milwaukee CRE Summit: Challenges are many, but Milwaukee’s apartment market is weathering them
The Milwaukee apartment market remains strong, even during the COVID-19 pandemic. And when it comes to commercial sectors in the region? Only industrial is outperforming…
Berkadia wraps busy two months in the Midwest
During the last eight weeks, Berkadia's Midwest brokerage team closed on $214.75 million in combined sales of 14 properties, including Oak Tree Square Apartments, Lakeside…
Berkadia closes sale of 469-unit apartment property in Ypsilanti
Berkadia closed the sale and secured financing for Arbor One Apartments, a 469-unit garden-style multifamily property in Ypsilanti, Michigan. Senior Managing Director Kevin Dillion, Managing…
Hard stop to full throttle: Houston’s land market generates career firsts in 2020
Rounding the corner into 2020, things were looking good for the Houston-area land market. Kristen McDade “Retail was strong, multifamily was acquiring sites for new…
A return to normalcy? Berkadia Poll suggests it won’t happen this year
The COVID-19 pandemic has thrown the world of commercial real estate into disarray. Industrial is thriving and multifamily is holding steady. But the other sectors…