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Atlanta & Southeast  + Southeast  + Finance  |  November 22, 2019
David Cohen
By: David Cohen

Berkadia Secures $19M Acquisition Financing for Charlotte MF Community

Berkadia has secured $18.7 million in acquisition financing for Axiom Apartments, a 202-unit multifamily community in Charlotte.

Built in 1987, Axiom Apartments is located at 5625 Keyway Blvd., and consists of one and two-bedroom units. Features include linen closets, kitchen pantry, washer and dryer connections, breakfast bars and private patios. Amenities provide a clubhouse, swimming pool, fitness center, playground, business center and complimentary Wi-Fi.

Brad Williamson of Berkadia’s Miami office and Mitch Sinberg of Berkadia’s Boca Raton office arranged the financing on behalf of Miami-based One Real Estate Investment. Voya Investment Management originated a three-year, floating rate loan with two one-year extension options.

For comments, questions or concerns, please contact David Cohen

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About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.
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