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Florida & Gulf Coast  + Central Florida  + Apartments  | 
Berkadia has completed the sale and financing of Tampa, FL garden-style communities The Palms at Ashley Oaks (130 units) and 22 North (176 units)

Berkadia Completes Sale, Financing of Two Multifamily Communities

Berkadia has completed the sale and financing of Tampa, FL garden-style communities The Palms at Ashley Oaks (130 units) and 22 North (176 units). Senior Managing Director Jason Stanton of Berkadia Tampa, and Senior Managing Director Cole Whitaker of Berkadia Orlando led the sale on behalf of the seller, Atlanta-based Asia Capital Real Estate. 

Managing Director Allan Freedman of Berkadia Los Angeles secured the acquisition financing through Fannie Mae on behalf of the buyer, Los Angeles-based Miramar Capital. The five-year loan featured a 5.08 percent interest rate, a 35-year amortization schedule, and full-term interest only.

“This was a great opportunity for the buyer to purchase two Tampa properties within minutes of the University of South Florida and surrounding medical hubs,” said Stanton. “Miramar Capital plans to implement upgrades to the community and build upon the capital improvements completed by ACRE during their hold.”

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BerkadiaAsia Capital Real EstateMiramar Capital

About Angela Noote

Angela Noote is a native of Northern California and graduated from Chico State with a degree in public relations. After college she moved to the Central Coast and worked first in ad sales then in editorial, eventually spending more than a decade as a print reporter and editor. She detoured into design work at a printer/publisher, and with a partner eventually opened a boutique full-service marketing agency. Moving into corporate communications, she built and managed several successful marketing teams in the hospitality, financial services, and nonprofit industries. Most recently she was an internal comms manager in the tech sector. After a long stint spent in Georgia (Go Dawgs), she moved to Baton Rouge, LA and has written for clients in the financial, luxury imports, higher ed, commercial cleaning, and medical equipment industries. Her son is a media arts major at the University of South Carolina, and her husband owns a comedy theater in Baton Rouge, where you can often find Angi teaching improv classes, leading corporate training events, or doing an occasional stand up set.

  • ◦Sale/Acquisition
  • ◦Financing
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