Hendricks-Berkadia Taps Houston Apartment Veterans to Launch New Office

  Hendricks-Berkadia Taps Houston Apartment Veterans to Launch New Office

Business Wire

PHOENIX -- June 24, 2013

Hendricks-Berkadia, the investment sales business unit of Berkadia Commercial
Mortgage LLC (Berkadia), today announced the hiring of Chip Nash and Greg
Austin as partners with the firm. They will launch and head the new
Hendricks-Berkadia Houston office and will work alongside Berkadia’s existing
Houston office to expand both apartment investment sales and mortgage banking
services throughout the Houston metropolitan area.

“Opening the Houston office with veterans like Chip and Greg along with their
team offers Hendricks-Berkadia the tremendous opportunity to expand our Texas
market presence with an extremely knowledgeable and professional apartment
advisory group,” said Don Hendricks, CEO of Hendricks-Berkadia.

Most recently, Nash and Austin served as managing directors at Jones Lang
LaSalle for the company’s Texas Apartment Team. They bring more than a
combined 60 years of apartment advisory experience to the firm with Nash and
Austin having closed multifamily sales in the region in excess of $6 billion.
Specializing in institutional and private capital apartment transactions, they
have also collaborated with development companies to build over 20,000
apartment units valued at more than $2.5 billion throughout their career.

“Hendricks-Berkadia has a cutting-edge platform and a multitude of financial
and advisory services for every apartment investor that is unequalled in the
industry,” said Nash. “The firm also offers a true nationwide collaborative
advisory network of top professionals in key markets. The decision to join
their team was an easy one and we are excited to launch the Houston office
opening.”

About Hendricks-Berkadia:

Hendricks-Berkadia is one of the nation’s largest multifamily investment sales
firms. Operating from more than 60 offices, the firm offers clients access to
experienced professionals nationwide whose singular focus is to assist them in
maximizing the value and managing the risk of their multifamily properties.
Hendricks-Berkadia’s success is built on a solid platform of proven,
traditional real estate brokerage strategies and values backed by unparalleled
access to capital and financial expertise, concentrated exclusively on the
multifamily industry.

About Berkadia™:

Berkadia Commercial Mortgage LLC, a joint venture between Berkshire Hathaway
Inc. and Leucadia National Corporation, is one of the most prominent lenders
in the commercial real estate industry, is a highly rated master, primary and
special servicer managing a portfolio of more than $195.6 billion as of March
31, 2013. As a correspondent for insurance companies and other institutional
lenders and a leading approved lender for Fannie Mae, Freddie Mac and HUD/FHA,
Berkadia offers clients access to capital for the acquisition, construction,
rehabilitation or refinance of commercial real estate properties. Through the
acquisition of Hendricks & Partners, Berkadia now adds multi-family advisory
services and investment sales to its capabilities.

To learn more about Berkadia, please visitwww.berkadia.com.

Contact:

Bliss Integrated Communication
Meghan Warren, 212-584-5469
meghan@blissintegrated.com
 
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