Berkadia has provided $49.1 million of Fannie Mae financing to help fund the purchase, by Brookhaven Property Group, of the 788-unit Chestnut Lake apartment property in the Cleveland suburb of Strongsville, Ohio. The 10-year loan amortizes on a 30-year schedule and pays a coupon of 5.71 percent. It was closed 45 days after Brookhaven, a […]

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