Berkadia has provided $42.54 million of Freddie Mac mortgage financing against the 296-unit Village at Eastpointe Apartments in the Fort Lauderdale, Fla., suburb of Oakland Park, Fla. The five-year loan requires only interest payments for its first two years, after which it amortizes on a 30-year schedule. It pays a fixed coupon and becomes open […]

The post Berkadia Provides $42.54Mln of Freddie Financing; $8.96Mln of Pref Equity for Fla. Apartments appeared first on Commercial Real Estate Direct.