Chattanooga, Tenn. – Berkadia recently negotiated the sale of six multi-family investment properties, consisting of 1,110 units for a combined $96.35 million.
Marcus Lyons, director of Berkadia’s Chattanooga office, said his team facilitated the transactions on behalf of various sellers with help from several other Berkadia offices.
“These deals are a testament to the depth of our national Berkadia network. Not only did our investment sales team negotiate the sales, but our Mortgage Banking team secured financing for the purchasers,” said David Oakley, Berkadia-Southeast managing director, who was involved with each transaction.
The team’s largest sale of the period - Quarry Trail, a 252-unit property in Knoxville, Tennessee – sold for $42 million to an investment group based in Atlanta.
Most recently, the team facilitated the sale of a three-property portfolio of Middle Tennessee State University apartments. The portfolio, comprised of 96-unit Raiders Crossing, 78-unit Woods at Greenland, and 180-unit University Gables, sold for $32.1 million to another Atlanta-based investment group.
Other recent Tennessee sales include King’s Crossing and Tara’s Place in Murfeesboro, a combined 184 units, which sold for $11.3 million and Waterview, a 160-unit property in Henderson, which sold for $10.9 million.
Kevin Larimer, National Director of Student Housing – Berkadia Mortgage Banking, teamed with David Oakley to facilitate both the Quarry Trail and the MTSU Portfolio transactions. Aaron Hargrove, Managing Directory of Affordable Housing – Berkadia Mortgage Banking, and Eric Taylor, Senior Director - Berkadia Mortgage Banking teamed with Royce Emerson, Senior Director – Berkadia Investment Sales, Lyons, and Oakley, to arrange both the King’s Crossing-Tara’s Place and the Waterview transactions.
Berkadia, a joint venture of Berkshire Hathaway and Leucadia National Corporation, is an industry leading commercial real estate company providing comprehensive capital solutions and investment sales advisory and research services for multifamily and commercial properties.
Thursday, September 3, 2015
DiCapta Studios Moving to Winter Springs
Winter Springs, Fla. -- Dicapta, the award-winning U.S. provider of accessible digital media to serve people with visual or hearing limitations and Spanish speaking community, is relocating its office and studios from Longwood to the UCF Business Incubation facilities in Winter Springs.
Maria Diaz, chief executive officer of Dicapta, said the company’s new headquarters will offer versatility to handle a wide range of projects the company works on with closer access to incubation support services.
“Spanish coverage for special or seasonal events such us political conventions or public debates that we have implemented for PBS or NBC, as well as our educational productions, calls for our flexibility with production, logistics and technical resources maintaining our professional standards. For this there is no better match than the UCF Business Incubation facilities in Winter Springs,” Diaz explained.
Dicapta provides services that support access for people with disabilities and for Spanish speakers to films, television, news programs and educational media. Services include electronic subtitles, audio description, dubbing, live dubbing and CART (subtitles broadcast in real time) utilizing cutting edge technology and state-of-the-art processes.
Dicapta serves a wide range of corporate, educational and government agency clients in the U.S., the Caribbean and Central and South America.
Maria Diaz, chief executive officer of Dicapta, said the company’s new headquarters will offer versatility to handle a wide range of projects the company works on with closer access to incubation support services.
“Spanish coverage for special or seasonal events such us political conventions or public debates that we have implemented for PBS or NBC, as well as our educational productions, calls for our flexibility with production, logistics and technical resources maintaining our professional standards. For this there is no better match than the UCF Business Incubation facilities in Winter Springs,” Diaz explained.
Dicapta provides services that support access for people with disabilities and for Spanish speakers to films, television, news programs and educational media. Services include electronic subtitles, audio description, dubbing, live dubbing and CART (subtitles broadcast in real time) utilizing cutting edge technology and state-of-the-art processes.
Dicapta serves a wide range of corporate, educational and government agency clients in the U.S., the Caribbean and Central and South America.
Embark Safety receives State of Florida Minority Business Enterprise Certification
ORLANDO, Fla. – Embark Safety, a leading provider of driver monitoring and fleet risk management services across North America, recently received the Minority Business Enterprise (MBE) Certification from the State of Florida’s Office of Supplier Diversity (OSD).
The MBE certification is the most widely recognized certification for minority-owned businesses in the United States. To receive MBE certification, a company must be at least 51 percent owned, operated and controlled by an ethnic minority U.S. citizen and undergo a stringent review process.
“We’re really excited to have this certification. It comes at a time when government agencies are increasingly looking to diversify their procurement as a way to meet federal guidelines,” said Embark Safety’s Managing Partner, Edwin Sosa. “We’re now better positioned to build strategic alliances and partnerships to expand our fleet safety solutions across the country.”
Embark Safety is a client of the UCF Business Incubation Program at Central Florida Research Park in east Orange County.
The MBE certification is the most widely recognized certification for minority-owned businesses in the United States. To receive MBE certification, a company must be at least 51 percent owned, operated and controlled by an ethnic minority U.S. citizen and undergo a stringent review process.
“We’re really excited to have this certification. It comes at a time when government agencies are increasingly looking to diversify their procurement as a way to meet federal guidelines,” said Embark Safety’s Managing Partner, Edwin Sosa. “We’re now better positioned to build strategic alliances and partnerships to expand our fleet safety solutions across the country.”
Embark Safety is a client of the UCF Business Incubation Program at Central Florida Research Park in east Orange County.
Fastest WiFi in America to Come Standard at New Centex Community Sereno
Tampa, Fla. --- Sales are in full swing at Sereno, the newest Centex community in the Tampa area located on Bella Armonia Circle, just east of U.S. 301 and Sun City Center Blvd. in Wimauma.
Sereno, an ULTRAFi Community, is a first-of-its kind residential environment where every home is built to be a Smart Home and every resident will enjoy the fastest internet and WiFi speeds in North America.
Sean Strickler, division president for Centex and PulteGroup in the West Florida region, said homeowners at Sereno will enjoy up to an exclusive 1 Gigabit of internet and WiFi speeds (100 times faster than average broadband speeds) by the pool, on the trails, in the clubhouse and at the playground.
Strickler said homebuilder builds new one and two-story homes with two-car garages at the gated community where home buyers choose from four distinct floor plans.
New Centex homes with two to six bedrooms and two to three bathrooms are priced from the low $200s at Sereno, and range in size from 1,674 square feet of living area to 2,662 square feet.
There will be 48 new homes in the first phase at Sereno with water and preserve view homesites available, according to Strickler.
A recently completed model -- the Summerwood plan – is open for touring at Sereno.
The furnished and decorated one-story model offers four bedrooms and two baths in 2,007 square feet of living space. The design also offers some exciting options, including a den, owner’s suite walk-in shower, 4' garage extension, owner’s entry Drop Zone and extended covered lanai. The Summerwood model’s two-car garage features extra space for a golf cart or storage.
Amenities at Sereno include gated entry access, a private community swimming pool and cabana, clubhouse, children’s playground, a trail system covering several miles around the community, outdoor fitness stations, basketball half court, pickleball courts, tennis court, and dog park.
“We’ve had a great response with our grand opening pre-selling efforts, and we expect great success from this community. We encourage buyers to take a look soon as these homes will go quickly,” said Strickler.
To learn more visit www.centex.com/sereno or call 866-236-7851.
Sereno, an ULTRAFi Community, is a first-of-its kind residential environment where every home is built to be a Smart Home and every resident will enjoy the fastest internet and WiFi speeds in North America.
Sean Strickler, division president for Centex and PulteGroup in the West Florida region, said homeowners at Sereno will enjoy up to an exclusive 1 Gigabit of internet and WiFi speeds (100 times faster than average broadband speeds) by the pool, on the trails, in the clubhouse and at the playground.
Strickler said homebuilder builds new one and two-story homes with two-car garages at the gated community where home buyers choose from four distinct floor plans.
New Centex homes with two to six bedrooms and two to three bathrooms are priced from the low $200s at Sereno, and range in size from 1,674 square feet of living area to 2,662 square feet.
There will be 48 new homes in the first phase at Sereno with water and preserve view homesites available, according to Strickler.
A recently completed model -- the Summerwood plan – is open for touring at Sereno.
The furnished and decorated one-story model offers four bedrooms and two baths in 2,007 square feet of living space. The design also offers some exciting options, including a den, owner’s suite walk-in shower, 4' garage extension, owner’s entry Drop Zone and extended covered lanai. The Summerwood model’s two-car garage features extra space for a golf cart or storage.
Amenities at Sereno include gated entry access, a private community swimming pool and cabana, clubhouse, children’s playground, a trail system covering several miles around the community, outdoor fitness stations, basketball half court, pickleball courts, tennis court, and dog park.
“We’ve had a great response with our grand opening pre-selling efforts, and we expect great success from this community. We encourage buyers to take a look soon as these homes will go quickly,” said Strickler.
To learn more visit www.centex.com/sereno or call 866-236-7851.
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