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Original Developer Trades Castro Valley Multifamily Duo

Berkadia arranged the sale and acquisition financing of two value-add, neighboring Castro Valley multifamily communities with a total of 135 units. They included the Cedars, an 83-unit property that s

Summary

Berkadia arranged the sale and acquisition financing of two value-add, neighboring Castro Valley multifamily communities with a total of 135 units.

They included the Cedars, an 83-unit property that sold for $21.

45 million, and Creekside Terrace, a 52-unit property that sold for $14.1 million. Senior managing director Jason Parr, managing director Scott MacDonald and director...

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