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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...