Berkadia Lands $82M Loan for Murrieta Multifamily

Berkshire Hathaway’s Berkadia today announced $82 million in financing secured for Silverado Apartment Homes, a garden-style multifamily property located at 25100 Vista Murrieta in Murrieta, CA. Senior Director Branden McBirney of Berkadia’s Los Angeles office secured the 10-year, interest only loan from Freddie Mac.

“Freddie Mac really stepped up to win this deal,” said McBirney. “Freddie was able to offer a strong quote, and Berkadia was able to win the deal on timing and certainty of close. We were under application on November 1 and closed November 26.”

The property features one-, two- and three-bedroom floor plans with granite countertops, large closets, dishwashers, in-unit washers and dryers and private patios or balconies. Community amenities include two swimming pools, two hot tubs, a fitness center, barbecue areas and assigned parking. The property affords convenient access to California Oak Sports Park, Interstate 15 and Interstate 215.

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