Berkadia

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…

Creativity and that chip-on-the-shoulder drive: Southeast Michigan multifamily market standing up to COVID-19

Before the COVID-19 pandemic resulted in stay-at-home orders and schools going fully remote, the multifamily market in Southeast Michigan was soaring, with vacancy rates low…

Berkadia provides $16 million in financing for Indianapolis apartment development

Berkadia secured $16.6 million in financing for River House, a mid-rise multifamily property in Indianapolis. Senior directors Michael Zaremski and Michael Shmuely of Berkadia’s New…

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