ORLANDO (January 6, 2022) – Berkadia announces it has secured financing for Eagle Property Capital (EPC) to acquire a two-property multifamily portfolio in Orlando, Florida with a combined total of 310 units. The properties are Carlyle Court and Pendelton Park Villas, located across the street from each other.  EPC will consolidate operations and rebrand the entire community under the name “Sunset Place” and will implement a thorough repositioning strategy for both properties.

HOUSTON (January 19, 2022) – Berkadia has arranged the contribution and finance of the Southstar Sunbelt Multifamily Portfolio, a four-property portfolio consisting of 1,115 apartment units in Texas and Florida. Senior Managing Directors Chris Curry and Todd Marix, along with Managing Directors Jeffrey Skipworth, Joey Rippel and Chris Young and Director Kyle Whitney of Berkadia Houston, marketed the portfolio on behalf of Southstar Properties. MLG Capital is the buyer.

Greystone, a leading national commercial real estate finance company, has provided a $27,503,000 Freddie Mac Optigo® loan to refinance a 109-unit multifamily / mixed use property in Philadelphia, Penn. The transaction was originated by Ryan Harkins and Dan Gillard of Greystone on behalf of Gotham Tower LP.

Greystone, a leading national commercial real estate finance company, today announced that it has arranged a $125 million loan on behalf of Blumenfeld Development Group (BDG) for The Smile, a 233-unit class-A multifamily project with ~25,000 square feet of commercial space leased to the Beth Israel Medical Center.

Commercial real estate finance and investment advisory firm Lucent Capital successfully advised Tru Development on $246 Million in construction debt, Co-GP equity and LP equity across two apartment development projects totaling 716 units in Nevada. 

Greystone, a leading national commercial real estate finance company, announced it has arranged a $47 million lease-up bridge loan on behalf of Namdar Group for 28 Cottage, a new 166-unit class-A multifamily property located in the Journal Square neighborhood of Jersey City, NJ. The new loan was originated by Cerberus RE and used to refinance the original construction loan provided by Centennial in 2019. The property commenced pre-leasing in the fall and received its first TCO in December 2021.

Mill Creek Residential, a leading developer and operator specializing in premier rental communities across the U.S., today announced the upcoming additions of three new restaurants from Happy Endings Hospitality (HEH) Group to Founders Row, a luxury mixed-use community situated in the heart of Falls Church. 

Mill Creek Residential, a leading developer and operator specializing in premier rental communities across the U.S., today announced the upcoming restaurant addition of Ellie Bird to Founders Row, a luxury mixed-use community situated in the heart of Falls Church. 

Greystone, a leading national commercial real estate finance company, has provided a $17,570,000 Freddie Mac Targeted Affordable Housing (TAH) loan for a 559-unit multifamily property in Tampa, Florida. The transaction was originated by Ryan Harkins, Director at Greystone, on behalf of the Michaels Development Company.