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Washington DC & Mid-Atlantic  + DC Metro  + Apartments  |  August 24, 2021
David Cohen
By: David Cohen

Berkadia Arranges $86M Refinancing for Alexandria Apartments

Berkadia has secured an $86 million loan to refinance Meridian at Braddock Station, a 480-unit high-rise multifamily property located in Alexandria, VA.

Located at 1200 First St., Meridian at Braddock Station offers studio, one- and two-bedroom floor plans with recently renovated units featuring wood plank flooring, quartz counter tops, stainless steel appliances and Nest thermostats. Community amenities include a rooftop terrace with a swimming pool and sundeck, penthouse club room with billiards, a fully-equipped fitness center and a courtyard lounge with barbecue grills, firepit, bocce court and dog park.

J. Tyler Blue, Paul Wallace, Robbie Driscoll and Pat Cunningham of Berkadia’s DC Metro office secured the financing on behalf of the undisclosed borrower. A major national life company provided the borrower with a 10-year interest-only loan.

Read More News Stories About: Berkadia
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Inside The Story

Berkadia’s J. Tyler Blue

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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