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January 21, 2021

Berkadia acquires Moran's multifamily unit

Berkadia recently announced the acquisition of the apartment brokerage practice of Moran & Co. Terms were not announced. The new arm will be called Berkadia Institutional Solutions, Powered by Moran. Marking the move from Moran & Co. are Mary Ann King and Keith Misner, both based in California, along with about 31 other brokers. Berkadia CEO Justin Wheeler said in a statement, “We remain optimistic about the future of multifamily and are committed to building the most robust CRE platform in the country, powered by the best talent in our industry. There's no team more experienced or respected in the institutional sales space than Moran.” Berkadia is the 12-year-old real estate services venture of Berkshire Hathaway Jefferies Financial Group.

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