Berkadia HUD 223f selected as new first lender
city OF ATLANTA, Dept. of Housing and Community DevelopmentLocal Housing Authority · Atlanta, GA- Disclosed value
- $6,000,000 original loan balance; annual payments of principal and interest of $323,550 at 4.26%
- From report
- Document date
- Nov 1, 2022
- Term
- Maturity Date: March 2058 (HUD 223f)
- Renews
- Free account
The 30-second brief
The Columbia Park Citi Residences refinance plan designates Berkadia HUD 223f as the new 1st Priority Lender, providing a $6,000,000 mortgage at 4.26% interest with annual payments of $323,550. The loan will mature in March 2058, subject to board consent to subordinate existing Atlanta Housing debt.
BERKADIA holds this financial services contract with city OF ATLANTA, Dept. of Housing and Community Development. Its other public contracts on record include work for Housing Finance Authority of Miami-Dade County and Leesburg village.
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Contract details
- Contract type
- Financial Services
- Amount
- $6,000,000 original loan balance; annual payments of principal and interest of $323,550 at 4.26%
- Document date
- November 1, 2022
- Term
- Maturity Date: March 2058 (HUD 223f)
- Renews
- On record
- Vendor
- BERKADIA
- Source document
- city-of-atlanta-dept-of-housing-and-community-development-report-reg-3-november-2022_b91.pdf (Report)
BERKADIA's other public contracts
More city OF ATLANTA, Dept. of Housing and Community Development contracts
Questions about this contract
Who was awarded the financial services contract by city OF ATLANTA, Dept. of Housing and Community Development?
BERKADIA was awarded this financial services contract by city OF ATLANTA, Dept. of Housing and Community Development, as recorded on November 1, 2022. The contract value is $6,000,000 original loan balance; annual payments of principal and interest of $323,550 at 4.26%.
How much is the BERKADIA contract with city OF ATLANTA, Dept. of Housing and Community Development worth?
The BERKADIA contract with city OF ATLANTA, Dept. of Housing and Community Development is valued at $6,000,000 original loan balance; annual payments of principal and interest of $323,550 at 4.26%, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a report record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in city-of-atlanta-dept-of-housing-and-community-development-report-reg-3-november-2022_b91.pdf (Report), dated November 1, 2022 from city OF ATLANTA, Dept. of Housing and Community Development. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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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.
What is city OF ATLANTA, Dept. of Housing and Community Development currently buying?
Explore city OF ATLANTA, Dept. of Housing and Community Development's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.