Press

Berkadia Completes Sale and Financing of Multifamily Property in Dallas

ATLANTA and DALLAS – February 15, 2019 – Berkadia today announced the sale and financing of Estrella at Kiest Apartments, a 232-unit garden-style multifamily property in Dallas. Managing Directors Jay Gunn and Tom Burns, along with Senior Directors Taylor Hill, Michael Ware and William Jarnagin, all of Berkadia’s Dallas office,…

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Berkadia Complete $32.5 Million Sale And Secures $28 Million In Financing Of Multifamily Property Outside Atlanta

ATLANTA – April 3, 2018 – Berkadia today announced the sale and financing of Lakes at Indian Creek, a garden-style multifamily property in Clarkston, Georgia. Director Jeremiah Jarmin on Berkadia’s Affordable Housing team and Senior Director Judy MacManus of the Atlanta office completed the $32.5 million sale on behalf of…

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Apartment Community Sold in Recovering Multifamily Market

Stone Global, an Apartment community near Raeford, N.C., has traded hands for $20 million, or about $104, 000 a unit. Raeford, N.C.- Stone Gables, an apartment community near Raeford, N.c., has traded hands for $20 million, or about $104, 000 a unit. The buyer was EB Real Estate Group, while…

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Capstone AP Brokers $20M Asset in Fayetteville, NC MSA

RAEFORD, NC – Capstone Apartment Partners successfully brokered the sale of Stone Gables in Raeford, located two miles west of Fayetteville, NC. Hackett Builders sold the property to EB Real Estate Group for $20M, or $104,167 per unit. “New ownership recognized the potential to enter the Fayetteville multi-family market in the…

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