Berkadia has arranged the sale and $24.4 million in financing for The Bixby, a 128-unit high-rise multifamily property located in Haverhill, MA.

Adam Dunn and Chris Phaneuf of Berkadia completed the sale on behalf of the seller, Arlington, VA-based Blackfin Real Estate Investors. The property was acquired by Scully Company.

Robert Falese of Berkadia secured $24.4 million in permanent acquisition financing, a 10-year loan was financed through Freddie Mac, on behalf of Scully Company.

The Bixby features studio, one- and two-bedroom floor plans with a fitness center, residence lounge and a parking garage. The property’s location on Washington Street is convenient to the Haverhill Train Station, Swasey Field Park and the shops and restaurants near Washington Street.