Berkadia recently closed on a $661-million financing for a 22-property, 4,670-unit apartment portfolio on behalf of Pennsylvania-based Morgan Properties. TJ Piper and Robert Falese of Berkadia’s Philadelphia office secured the financing for properties located in New Jersey, Pennsylvania, Delaware and Maryland. The financing from Freddie Mac encompasses 22 individual 10-year fixed-rate loans with a…
Berkadia Lines Up $661M in Freddie Mac Debt on 4-State Portfolio
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