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Berkadia Arranges $35.4 Million Sale of 160-Unit Oakwood Apartment Garden Style Townhome Community in Lake Worth, Florida

MIAMI, FL - Berkadia announces it has arranged the sale of the Oakwood Apartments, a 160-unit, garden-style, townhome community in Lake Worth, Florida. Senior Managing Directors Jaret Turkell and Roberto Pesant, along with Associate Omar Morales and Senior Analyst Jose Mota, marketed the property on behalf of One Real Estate Investments. Oakwood Townhomes LLC acquired the property for $35.4 million.
“Oakwood Apartments is unique for offering only four-bedroom townhomes, which are in high. ....

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Seagate Properties Sells Reno Apartments for $66M

The property’s price has almost doubled since it last traded in 2017. ....

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Fairstead, LIHC Acquire NJ Affordable Housing Portfolio

The new ownership will invest more than $27 million in improvements. ....

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Berkadia Arranges Debt and Equity Financing for Recapitalization for 300-Unit Apartment Community in Norcross, Georgia

ATLANTA, GA - Berkadia announces it has secured debt for the refinance of The Carter @ 4250, a 300-unit apartment community located in Norcross, Georgia, on behalf of Miami-based One Real Estate Investment (OREI). In addition, Berkadia also sourced a capital group to recapitalize the sponsor’s equity partner.
Senior Managing Director Mitch Sinberg of Berkadia Boca Raton and Managing Director Brad Williamson of Berkadia Miami arranged a $33.12 loan through Freddie Mac. Chinmay Bhatt,. ....

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Berkadia Arranges Financing for Acquisition of 1,275-Unit Multifamily Housing Portfolio Located Across Multiple Houston Markets

MIAMI, FL - Berkadia announces it has secured financing for July Residential’s acquisition of a 1,275-unit multifamily portfolio of communities located in Houston, Tex. The five assets in the property, all built between roughly 1976 and 1983, are located in the Westwood and Braeswood/Fondren submarkets of Southwest Houston.
Senior Managing Director Mitch Sinberg, Associate Director Matthew Robbins and Senior Analyst Abigail Beauchamp of Berkadia Boca Raton secured the financing on. ....

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