Berkadia Arranges Sale of Oakland Multifamily to Rooted Program

Berkadia arranged the $12.6-million sale of Idora Apartments, a 33-unit, Class A multifamily community built in 2017 with ground-floor retail located at 5239 Claremont Ave. in the Temescal neighborhood of Oakland. The sale equated to $380,000 per unit. Senior managing director Jason Parr, director John Hansen and managing director Scott MacDonald of Berkadia San Francisco arranged...