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December 21, 2017

Berkadia works on San Jose TOD

Vespaio at Diridon Station

The Seattle office of Berkadia arranged a $64 million construction loan for Vespaio at Diridon Station, a 162-unit mixed-use complex being built in San Jose, near a planned Google facility. Lou Weisman led the team on behalf of developer The Hudson Companies. A national debt fund supplied the four-year floating-rate, interest-only loan. Weisman said Diridon Station will become the Southern terminus for BART's expansion.