FINANCIAL_SERVICESAPPROVED

City of Austin city Awards $33,000,000 Financial Services Contract to Berkadia Commercial Mortgage Llc (October 2026)

Austin Housing Finance Corporation’s Elm Ridge Apartments financing identifies Berkadia Commercial Mortgage LLC as the initial funding lender and loan servicer for the $33 million multifamily housing revenue note. Berkadia’s initial roles continue until the financing is transferred or a successor is appointed.

Document date · October 5, 2026

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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
$33,000,000
Contract type
FINANCIAL_SERVICES
Contract term
Initially, from the November 1, 2026 financing closing until the Freddie Mac Purchase Date or other replacement of the funding lender or loan servicer
Renewal
Berkadia’s roles are subject to replacement or succession under the Funding Loan Agreement and Project Loan Agreement; the Rider specifically contemplates termination of its initial roles upon the Freddie Mac Purchase Date or appointment of another lender or servicer.
Document type
Agreement
Source document
Austin Housing Finance Corporation Agreement Regulatory and Land Use Restriction Agreement 2026-11-01

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Austin city?

Berkadia Commercial Mortgage Llc was awarded this financial services contract by City of Austin city, as recorded on October 5, 2026. The contract value is $33,000,000.

How much is the Berkadia Commercial Mortgage Llc contract with City of Austin city worth?

The Berkadia Commercial Mortgage Llc contract with City of Austin city is valued at $33,000,000, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Austin Housing Finance Corporation Agreement Regulatory and Land Use Restriction Agreement 2026-11-01 (Agreement), dated October 5, 2026 from City of Austin city. 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

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