Berkeley Point Capital provides $63M in multifamily financing

Berkeley Point Capital provides $63M in multifamily financing

Berkeley Point Capital is the preeminent source of capital solutions for multifamily owners and operators. With a nationwide presence and unparalleled expertise, Berkeley Point boasts a 30+ year history and a servicing portfolio of $58 billion representing in excess of 3,400 loans in 49 states.

Berkeley Point Capital is the preeminent source of capital solutions for multifamily owners and operators. With a nationwide presence and unparalleled expertise, Berkeley Point boasts a 30+ year history and a servicing portfolio of $58 billion representing in excess of 3,300 loans in 49 states.

financing for the multifamily market, supports affordable multifamily housing by providing financing for acquisition or refinance of individual properties or groups of properties. Furthermore, Fannie Mae provides this financing through a nationwide network of Delegated Underwriting and Servicing (DUS) lenders.

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Berkeley Point Capital Provides $31.6 Million in Acquisition Financing for Sommerset Gardens July 10, 2013 BETHESDA, MD – Berkeley Point Capital LLC recently closed a $31,599,000 loan for the acquisition of Sommerset Gardens, a 420-unit garden-style, class-B apartment community located in Aurora, CO.

 · Financing: Subject to $33.08M in two notes payable to Berkeley Point Capital LLC. Comments: Chad Bungcayao is vice president in charge of acquisitions and dispositions for the buyer. The property last sold for $45.5 million in December 2014. The value of this property increased by 38.46%, or an 8.7% annual growth rate.

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 · Senior Housing Finance Activity: Berkeley Point Capital, Love Funding, Cambridge. Berkeley Point Capital Closes $7.4 Million Loan. one of the nation’s leading providers of FHA multifamily.

Berkeley Point Capital LLC recently closed a more than $28 million Federal Housing Administration-insured loan for the new construction of Claibourne Crossing, a proposed 242-unit garden-style.

Multifamily Affordable Housing, which provides financing for rent-restricted properties and properties receiving other federal and state subsidies: $3.8 billion, up from $2.3 billion in 2011. Small Loans (loans of up to $3 million, or $5 million in high cost areas): $3 billion, up from $2.4 billion in 2011.

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Newmark Knight frank integrates multifamily Leaders ARA Newmark and Berkeley Point Capital into its Singular Brand. May as head of Multifamily Debt & Structured Finance.. that will provide.

 · He recently structured the financing for a client to acquire The Park at Savino, a 200-unit, garden-style apartment complex located in Orlando, Fla. berkeley point adds to Team. Paul Mogote joins Berkeley Point Capital as national director of federal housing administration (fha) originations. He will operate out of the Dallas office, developing.

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