Deals
Berkadia Buys Hendricks & Partners in Buffett Apartment Push
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Berkadia Commercial Mortgage LLC, the real estate venture backed by Warren Buffett’s Berkshire Hathaway Inc., acquired closely held Hendricks & Partners to expand in apartment sales and research.
Hendricks advises clients on the sale, purchase and financing of multifamily real estate through more than 30 offices in states including California, Texas and Florida. The deal adds to Berkadia’s loan servicing, mortgage origination and proprietary lending operations, the Horsham, Pennsylvania-based company said in a statement today.