CONTRACTRECOMMENDED

Berkadia Selected as Permanent Lender for Jordan Downs

Housing Authority of the city of Los Angeles logoHousing Authority of the city of Los Angeles
Disclosed value
Approximately $14,300,000
From resolution
Document date
Nov 9, 2026

The 30-second brief

What it covers

Berkadia Commercial Mortgage LLC will provide approximately $14.3 million in permanent financing for Jordan Downs Phase S6. The loan will fund at conversion after construction and is projected to carry a 17-year term with 40-year amortization.

Who holds it

Berkadia Commercial Mortgage LLC holds this financial services contract with Housing Authority of the city of Los Angeles. Its other public contracts on record include work for Housing Finance Authority of Miami-Dade County and Housing Finance Authority Of Palm Beach County.

What happens next

Term as filed: Permanent financing beginning at conversion following construction completion; 17-year term with 40-year amortization.

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Contract details

Contract type
Financial Services
Amount
Approximately $14,300,000
Document date
November 9, 2026
Term
Permanent financing beginning at conversion following construction completion; 17-year term with 40-year amortization
Source document
Housing Authority of the City of Los Angeles Resolution Resolution Authorizing Issuance of Multifamily Housing Revenue Notes and Disposition and Development Agreement for Jordan Downs Phase S6 2026-11-12 (Resolution)

Berkadia Commercial Mortgage LLC's other public contracts

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Questions about this contract

Who was awarded the financial services contract by Housing Authority of the city of Los Angeles?

Berkadia Commercial Mortgage LLC was awarded this financial services contract by Housing Authority of the city of Los Angeles, as recorded on November 9, 2026. The contract value is Approximately $14,300,000.

How much is the Berkadia Commercial Mortgage LLC contract with Housing Authority of the city of Los Angeles worth?

The Berkadia Commercial Mortgage LLC contract with Housing Authority of the city of Los Angeles is valued at Approximately $14,300,000, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Housing Authority of the City of Los Angeles Resolution Resolution Authorizing Issuance of Multifamily Housing Revenue Notes and Disposition and Development Agreement for Jordan Downs Phase S6 2026-11-12 (Resolution), dated November 9, 2026 from Housing Authority of the city of Los Angeles. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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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.

What is Housing Authority of the city of Los Angeles currently buying?

Explore Housing Authority of the city of Los Angeles's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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