BERKADIA COMPLETES $27M MULTIFAMILY SALE ALONG FUTURE LIGHT RAIL LINE IN MESA, ARIZ.

Berkadia today announced the recent sale of Valencia Crossing, a multifamily property located in Mesa, Arizona. The $27.25 million sale – completed on April 8 – reflected a per-unit price of $68,640. Senior Managing Director Mark Forrester, Managing Director Ric Holway, Vice President Dan Cheyne and Associate Tom Wolff of the Phoenix office helped facilitate…