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Chicago & Midwest  + Midwest  + Finance  |  February 20, 2025
Jasmine Kilman
By: Jasmine Kilman

Berkadia Detroit Closes Over $1B In Production Volume In 2024

Berkadia’s Detroit office has closed $1.35 billion in production volume in 2024. Berkadia Detroit Mortgage Banking closed $1.2 billion in financing across 88 transactions with over 20 different lenders.

Berkadia Detroit Investment Sales closed over $178.1 million in investment sales volume across six transactions in 2024. The group includes mortgage bankers Aaron Moll, Luke Safranek, Alex Bonda and Trevor Friday who combined accounted for 50% of the Detroit loan production in 2024.

“Despite the volatile debt market in 2024, the Detroit office placed $1.2 billion. Our debt team has placed in excess of $1 billion in loan production each and every year since 2012. I’m incredibly proud of the hard work and dedication of our entire team,” said Senior Managing Director Peter Benedetto.

Berkadia was also recognized as the #1 Freddie Mac Lender by Volume in 2024, and the #2 Fannie Mae DUS Lender by Volume in 2024.

*2024 production volume includes mortgage banking and investment sales volume closed by Berkadia Detroit.

Read More News Stories About: Berkadia
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About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.
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