Structured Capital News Today

RENO, NV - Berkadia announced today that it has arranged $11.53 million in joint venture equity for Five Ridges, a to-be-built 83-unit townhome-style development in Reno, Nevada. Cody Kirkpatrick, Chinmay Bhatt, and Noam Franklin of Berkadia JV Equity & Structured Capital and Jared Glover, Senior Director of Investment Sales at Berkadia Nevada represented the sponsor, Leggera Development, to arrange the joint venture equity. Berkadia arranged the equity through a global investment...

/PRNewswire/ -- Strategic Value Partners, LLC and its affiliates (together, "SVP"), a global alternative investment firm with over $18 billion of assets under...

JACKSONVILLE, FL - Berkadia announced today that it arranged the equity on behalf of Novu Residential Group for a new multifamily development, a 308-unit, eight-building, garden-style, elevator-served apartment community located in Jacksonville, Florida. Cody Kirkpatrick, Noam Franklin, and Chinmay Bhatt of Berkadia JV Equity & Structured Capital sourced $13.1 million in preferred equity for the proposed project. Ground breaking commenced in November. Berkadia arranged the equity from...

The 308-unit garden-style apartment community is being constructed in Florida. Berkadia has landed preferred equity for a Novu project.

/PRNewswire/ -- Strategic Value Partners, LLC and its affiliates (together, "SVP"), a global alternative investment firm with over $18 billion of assets under...

BROWNSBURG, IN - Berkadia announced today the financing of and equity sourced for Legacy Park, a 250-unit, 2009 vintage, garden-style walk-up apartment community located in Brownsburg, Indiana. Cody Kirkpatrick, Noam Franklin, and Chinmay Bhatt of Berkadia JV Equity & Structured Capital arranged $13 million in institutional equity for Wilkinson Corporation’s acquisition. “Our long-time client, Wilkinson Corporation has a deep track record of acquiring multifamily assets in the.....

Bermuda headquartered re/insurer Arch Capital has now successfully closed its latest mortgage insurance-linked securities (ILS) issuance, securing the

Arch Mortgage Insurance Company (Arch MI) announced it has obtained over $233 million of indemnity reinsurance on a pool representing approximately $32.4 billion of mortgages from Bellemeade Re 2023-1 Ltd., a special purpose reinsurer. The coverage...

Bela Flor Communities has secured $24 million in preferred equity for Bella Victoria, a 236-unit luxury community in Mesa, Ariz.

Editorial by Captain John Konrad (gCaptain) In an era distinguished by the realization of monumental projects, from the sprawling LNG terminals of Louisiana to the transformative reshaping of Manhattan’s skyline,...