Hendricks & Partners Acquired By Berkshire Hathaway Joint Venture Berkadia Commercial Mortgage LLC

Orlando, Fla. --- Hendricks & Partners, one of the nation’s largest and most active multi-family investment banking and research companies, has been acquired by Berkadia Commercial Mortgage, LLC, a joint venture of investment giant Berkshire Hathaway and Leucadia National Corporation, a major U.S. holding company with diverse investments. Cole Whitaker, partner who heads Hendricks & Partners in the southeast, said the new firm is now called Hendricks-Berkadia. “The acquisition brings substantial new resources to our work negotiating acquisitions and sales of investment-grade multi-family properties,” Whitaker said. In 2012, Whitaker and Associate Partner Hal Warren sold some 2,400 units and negotiated 525 acres in land transactions. “Berkadia Commercial Mortgage unites two of the great financial powerhouses and Hendricks-Berkadia is now able to provide sound access to financing for major acquisitions,” Whitaker said. Whitaker, one of the Central Florida region’s most prolific brokers of multi-family properties, joined Hendricks & Partners three-and-a-half years ago.