Berkadia
Wave Crest Secures $92.5MM Loan with MetLife for 161-Room Carlsbad Hotel
Carlsbad, California – October 11, 2024 – Berkadia announced today the refinancing of two hotels: Cape Rey Carlsbad Beach, a Hilton Resort & Spa...
Lincoln Avenue Communities Secures $151MM Loan for Affordable Housing in San Diego
Berkadia announced today the financing of Sea Breeze Gardens, a 268-unit affordable housing property in San Diego, California. Senior Managing Director Tim Leonhard and SVP...
Pacific Urban Investors Pays $82MM for 233-Unit Apartment Community in Chula Vista
San Diego –– Berkadia Institutional Solutions announced today the sale of Terra Nova Villas, a 233-unit apartment community in Chula Vista, California. Senior...
IMT Residential Pays $153MM for 348-Unit Broadstone Cavora in Laguna Niguel
(EDITOR’S NOTE: According to industry reports, IMT Residential acquired the property for $153 million, or approximately $439,655 per unit.) IRVINE, Calif. –– Berkadia...
Land Rover Auto Dealership in Los Angeles Secures $26MM in Financing
LOS ANGELES, Calif. –– Berkadia announced today the financing of Land Rover Los Angeles, a state-of-the-art automotive dealership and service center located in...
Gelt Venture Partners Acquires 125-Unit Apartment Property in Placentia for $63.15MM
LOS ANGELES, CA -- Gelt Venture Partners, LLC (GVP) is pleased to announce it has acquired Union Place for $63.15 million ($505,200 per...
Universe Holdings Places 221-Unit Multifamily Portfolio in Los Angeles up for Sale for $84.45MM
By Catherine Sweeney A large assemblage of multifamily properties located throughout Los Angeles County has recently been made available for sale. According to...
248-Unit Hills of Corona Apartment Complex in the Inland Empire Trades in $71.3MM Deal
(EDITOR’S NOTE: According to Vizzda records, the property was acquired by Hills of Corona Owner LLC, an entity managed by Afton Properties. The...
Developer Jonathan Segal Sells 34-Unit Multifamily Property in San Diego for $27.8MM
(EDITOR’S NOTE: According to a report from the San Diego Business Journal, the property sold for $27.8 million, or about $817,647 per unit.)...
Berkadia Adds Two Senior Managing Directors to Mortgage Banking Platform to Co-Lead San Diego and Orange County Offices
Orange County, CA – May 1, 2023 – Berkadia announced today the addition of Senior Managing Directors Kevin Mignogna and Charlie Haggard. The...
Olympus Property Pays $112.5MM for 179-Unit Angelene Apartments in Los Angeles
(EDITOR'S NOTE: According to public records, the property was sold to Olympus Property on March 16 for $112.5 million, or about $628,491 per...
Heritage Hotel Group Buys Santa Ana Holiday Inn Express for $29.49MM
Berkadia Closed The $29.49 Million Sale ($183,168 per Key) of the 161-Key Holiday Inn Express & Suites in Santa Ana, California SANTA ANA,...
