FINANCIAL_SERVICESPENDING

Berkadia HUD 221(d)(4) Loan for Monterey Pointe

Berkadia is slated to provide a $60 million HUD 221(d)(4) taxable first mortgage loan for the Monterey Pointe Apartments, covering acquisition, rehabilitation, and collateral funding. The loan will carry a 40-year term with fixed interest and remain in place as permanent financing.

Status
PENDING
Document date
May 18, 2026
Contract type
FINANCIAL_SERVICES
Vendor
BERKADIA
Agency
Miami Dade Public Housing And Community Dev · FL

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$60,000,000
Contract type
FINANCIAL_SERVICES
Contract term
40-year term with 40-year amortization or 75% of remaining useful life
Renewal
Loan structured as a 40-year term with 40-year amortization or 75% of remaining useful life; renewal is not anticipated but refinancing could occur at or before maturity.
Document type
Report
Source document
Housing Finance Authority of Miami-Dade County Report Monterey Pointe Credit Underwriting Report 2026-05-18

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Miami Dade Public Housing And Community Dev?

BERKADIA was awarded this financial services contract by Miami Dade Public Housing And Community Dev, as recorded on May 18, 2026. The contract value is $60,000,000.

How much is the BERKADIA contract with Miami Dade Public Housing And Community Dev worth?

The BERKADIA contract with Miami Dade Public Housing And Community Dev is valued at $60,000,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a report record.

Where was this contract approved?

This contract appears in Housing Finance Authority of Miami-Dade County Report Monterey Pointe Credit Underwriting Report 2026-05-18 (Report), dated May 18, 2026 from Miami Dade Public Housing And Community Dev. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does BERKADIA hold?

BERKADIA may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is Miami Dade Public Housing And Community Dev currently buying?

Explore Miami Dade Public Housing And Community Dev's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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