PHOENIX—Berkadia Commercial Mortgage LLCannounces the acquisition of KeystoneCommercial Capital, a full-service commercialmortgage banking company headquartered in Phoenix.

Founded in 2007 by managing partners CharlieWilliams and Scott Holland, Keystoneservices more than $2 billion in commercial real estate loansfor a diverse base of capital providers andmaintains relationships with 23 of the country's leading lifeinsurance companies, as well as other conventional lending sources.This transition to Berkadia is inclusive of partners JonKrieger, Ryan Nelson, GeneKim and the entire Keystone origination and supportstaff.

Ernie Katai, EVP and head of production atBerkadia tells GlobeSt.com, “Keystone is theperfect fit for us; together we have the synergy that will puteverything into place. WhatKeystone will bring to the table is phenomenal mortgagebanking experience. Itjust didn't make sense not to havethat presence in amarket like Phoenix, where we already have ourinvestment sales team with Hendricks-Berkadia. Itneeded to happen; we couldn't be happier.”