Property Management Deals

Berkadia announces it has arranged a $37 million loan to refinance Ascent at Jones Valley, a 431-unit apartment and townhome community in Huntsville, Alabama. Senior Managing Director Charles Foschini, Managing Director Christopher Apone and Vice President of Originations Lourdes Carranza-Alvarez of Berkadia South Florida arranged the loan on behalf of Georgia-based Wicker Park Capital Management, a privately held real estate investment firm based in Savannah, Georgia.

 Expanding its California portfolio, San Diego-based Sunrise Management has taken over day-to-day management of Arte West, a 228-unit, four-story luxury community in Santa Ana, Calif., and Arte, a high-end 182-unit apartment community on 4.4 acres in Rancho Cucamonga, Calif.

 Expanding its California portfolio, San Diego-based Sunrise Management has taken over day-to-day management of Arte West, a 228-unit, four-story luxury community in Santa Ana, Calif., and Arte, a high-end 182-unit apartment community on 4.4 acres in Rancho Cucamonga, Calif.

Altman Management Company (AMC), the property management division of The Altman Companies, a nationally renowned developer, builder, and manager of exceptional rental apartment communities, is pleased to announce it has admitted RAM Partners, a full-service third-party residential property management company as a partner in AMC. RAM will provide enhanced back-office support services to AMC, which manages all the properties for The Altman Companies and its third-party clients. The resident-facing functions and the delivery of the Exceptional Living Experience Altman is renowned for will remain in the hands of the current AMC associates. 

Premier association management company expands growing footprint in region with six new community assignments

Tampa, Fla. – Berkadia announces it has arranged the refinancing of two properties in Florida: Gables at Honore in Sarasota, Fla., and Lodge at Woodlake in Lakeland, Fla. Senior Managing Director Mitch Sinberg, Managing Director Matt Robbins of Berkadia South Florida secured the financing for both properties on behalf of the owner Insula Companies, a boutique real estate investment company based in Sarasota, Florida.

Quest will occupy the building’s entire 10th floor

Olde Florida on state’s West Coast joins several existing KWPMC-managed communities in expanding market segment

Premier association management company adds nearly 2,000 units to growing footprint in its home base