Commercial Real Estate Direct Staff Report Berkadia has originated a $98.03 million Fannie Mae mortgage against Ascend at Kierland, a 364-unit apartment property in Scottsdale, Ariz. The loan requires only interest payments for its 10-year term and pays a coupon of 3.56 percent. The property is owned by Ezralow Co. of Calabasas, Calif., which had […]

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