Berkadia Secures Over $13 Million in Preferred | MultifamilyBiz.com
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...
Source: multifamilybiz.com