Berkadia
Berkadia Arranges $56M for IL Mixed-Use Development
The firm’s Hotels & Hospitality group represented Marquette Cos. The refinancing comes as the construction of the Water Street District project nears completion.
PEG Cos. Buys Multi-State Marriott Portfolio
The roughly $130 million deal encompasses more than 1,000 guestrooms in eight states. Cantor Commercial Real Estate provided the acquisition financing.
Jacksonville Office Complex Commands $30M
Berkadia arranged the acquisition financing on behalf of the new owner. Summit at Southpoint was 82 percent leased at the time of sale.
Lengthy Bull Run Benefits Fringe Markets: Berkadia
This podcast interview with the firm’s Executive Vice President & Head of Production Ernest Katai includes an analysis of U.S. debt and equity trends, late-cycle investment opportunities and risks that the company is monitoring.
BWI Airport Sheraton Hotel Changes Hands
Vista Group of Cos. acquired the 203-key Sheraton Hotel Baltimore Washington Airport. The property is a seven-minute drive from the airport, offering a complimentary shuttle service.
Boston-Area Flex/R&D Complex Lands $21M Loan
Parsons Commercial Group has acquired the 330,000-square-foot Chiswick Park, for $27.5 million. Berkadia secured acquisition financing for the five-building office and industrial ensemble.
Sotherly Buys $81M Hyatt Centric in VA
Berkadia’s Hotels and Hospitality Group facilitated the sale and arranged financing for the acquisition of the 318-key Hyatt Centric Arlington.
MOB’s New Attraction
Why institutional investors should consider adding medical office to their portfolios.
Berkadia Secures $136M Financing for 2 FL Properties
The Yard at Ivanhoe is a mixed-used project in Orlando, being developed by Real Estate Inverlad, while Grand Boulevard Sandestin is a 469,000-square-foot town center located in Miramar Beach.
Berkadia Appoints New Head of Mortgage Banking
Hilary Provinse has joined the company after spending more than 15 years at Fannie Mae, where she led the firm’s mulitfamily debt lending activities.