Chicago & Midwest + Midwest + Finance | May 19, 2020

Berkadia’s Mid-Markets Team Arranges MF Sales in 6 States

Berkadia’s Mid-Markets Group arranged the sales of six multifamily properties to various buyers across six states totaling $72.6 million, with $38.4 million in combined financing on four of the properties. Led by Alex Blagojevich and Michael Sullivan, the sales team also included Ralph DePasquale, Patrick Jordan, Chris Bruzas, Parker Stewart, Brett Meinzer, Chris Gentry and Dominic Martinez, along with members of Berkadia’s Seattle team.

The sales included Bowen Tower in Raytown, MO; Wilmington Apartments in North Little Rock, AR; Village Woods in Milan, IL; Brickstone at Woodland in Wichita, KS; London Square in Tulsa, OK; and Central Pointe in Boise, ID. Together, the properties total 945 units.

“Our Mid-Markets Team has been fortunate to see continued collaborative success in helping our clients to close transactions in this environment,” said Blagojevich. “In fact, thus far in 2020 alone, our combined production for the group has exceeded nearly $375 million.”

Pictured: Bowen Tower, courtesy of Canyon View Capital.

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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