2022 YEAR IN REVIEW
2022 TRANSACTIONS
As we reflect on the past year, it has been a challenging but successful one for New Jersey Multifamily. Despite the difficulties presented by rising interest rates, we have been able to navigate the market and close successful transactions for our clients.
Looking ahead to 2023 the mantra has never been truer: “people need a place to live.” We anticipate continued growth in rents as well as strong absorption in new construction buildings. The rise in interest rates has made home purchasing less attainable bearing well for the rental market.
CORPORATE SNAPSHOT
Berkadia is a leader in the commercial real estate industry, offering a robust suite of services to our multifamily and commercial property clients. Powered by deep relationships and industry-changing technology, our people sell, finance, and service commercial real estate, providing support for the entire life cycle of our clients’ assets. Our unique ownership structure allows us to put our clients’ interests first and create a marketplace that delivers a superior experience.
Expertise
2,750+ team members
70+ locations throughout the United States and India
The Numbers
$57B
In 2022, our combined Mortgage Banking, Investment Sales and JV Equity Placement volume exceeded $57 billion.
$265B
Since 2009, our Mortgage Banking division has closed more than 15,700 transactions totaling $265 billion.
Our coverage is broad, and our knowledge is deep. From acquisition to disposition, we service all commercial property types including multifamily, retail, office, industrial, affordable housing, seniors housing, hotels, student housing, and manufactured housing. *Based
$104B
Since 2013, our Investment Sales division has closed more than 4,700 transactions totaling $104 billion.
Largest
Berkadia ranks as the largest non-bank commercial mortgage servicer in the nation.*
CORPORATE SNAPSHOT
Because we advise, finance and service, we give clients a totally seamless experience.
Mortgage Banking
With a deep bench of experienced mortgage banking professionals across the country, Berkadia has the capability to provide debt and equity solutions for commercial real estate encompassing all sizes and geographies. Our capital sources enable short, intermediate and long-term solutions to meet your needs in the acquisition, refinance, rehabilitation and repositioning of your assets.
Investment Sales
Berkadia’s comprehensive investment sales platform combines industry-leading market research and advanced technology with an elite team of skilled investment advisors. In addition to a successful focus on multifamily owners, properties and markets, our investment sales expertise also extends to the hotels and hospitality, land, medical and life sciences, seniors housing and healthcare, single-family rental and built-for-rent and student housing sectors.
Servicing
Berkadia’s multi-cycle industry knowledge and experience in managing diverse portfolios enable us to deliver seamless service and customized solutions. Our servicing operations expertly handle all aspects of servicing – from loan boarding through resolution and everything in between, supporting all products and property types across all market sectors. Rating agencies, lenders and borrowers all recognize us as industry-leading for our systems, processes, data security, service and experience. With our people and technology, we go beyond any standard in personalized customer service and client satisfaction.
$35B in total loan production
$17B combined agency production
$22B in total sales volume
638 total transactions
1,645 loans closed
$393B servicing UPB
2022 2022 2022 Standard & Poors: STRONG Morningstar/DBRS MOR: CS1 Fitch: CPS1
20,968 loans serviced
Primary Servicer Ratings
800 listings taken
Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. makes no warranty or representation about the content of this brochure. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The presence of molds may adversely affect the property and the health of some. If you have questions or concerns regarding this issue conduct further inspections by a qualified professional.