Berkadia arranged financing for Grove Park, a 2021-built, 324-unit Class A apartment community in Tallahassee, Florida.
David Etchison of Berkadia Central & North Florida arranged the sale on behalf of TrimCor. Brad Williamson of Berkadia Miami and Wes Moczul of Berkadia Orlando arranged acquisition financing on behalf of the buyer, Monument Capital Management of Coconut Grove, Florida, through lender MF1.
The property was 94 percent occupied at the time of the sale…