FINANCIAL_SERVICESPENDING

Berkadia engaged for $60M HUD 221(d)(4) loan

Berkadia Commercial Mortgage LLC has been engaged via an April 28, 2026 letter to provide a HUD Section 221(d)(4) first mortgage up to $60 million for Monterey Pointe Apartments. The fixed-rate loan will feature interest-only payments during construction and a 40-year permanent term.

Status
PENDING
Document date
May 8, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Berkadia Commercial Mortgage Llc
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
Up to $60,000,000
Contract type
FINANCIAL_SERVICES
Contract term
40-year permanent term with 40-year amortization or 75% of remaining useful life
Renewal
Loan expected to convert from construction interest-only to 40-year permanent amortizing term; standard HUD renewal or prepayment provisions apply but are not detailed in the report.
Document type
Report
Source document
Housing Finance Authority of Miami-Dade County Credit Underwriting Report Monterey Pointe Apartments 2026-05-08

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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 Commercial Mortgage Llc was awarded this financial services contract by Miami Dade Public Housing And Community Dev, as recorded on May 8, 2026. The contract value is Up to $60,000,000.

How much is the Berkadia Commercial Mortgage Llc contract with Miami Dade Public Housing And Community Dev worth?

The Berkadia Commercial Mortgage Llc contract with Miami Dade Public Housing And Community Dev is valued at Up to $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 Credit Underwriting Report Monterey Pointe Apartments 2026-05-08 (Report), dated May 8, 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 Commercial Mortgage Llc hold?

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

View Berkadia Commercial Mortgage Llc's profile

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.

View Miami Dade Public Housing And Community Dev's profile

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