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Photo by University of Washington

NEW YORK CITY–When Berkadia’s student housing team shut the doors to their offices on Thursday night of June 8, they could tally up 89 transaction they had closed in the sector, totaling slightly less than $2 billion. On the next day, they were expecting to close transaction no. 90, pushing the group’s total over $2 billion. Assuming the transaction went through, Berkadia has added another notch to its capital markets portfolio for this rapidly-growing niche.

Erika Morphy

Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.

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