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LOS ANGELES-The Los Angeles and Orange County branch offices of Berkadia Commercial Mortgage LLC have arranged $27.93 million in financing for two multifamily properties here. Berkadia senior vice president’s Allan Freedman and Ed Zimbler closed on a $13.85 million loan for the acquisition of Waterstone on Sunset, located in West Covina, CA, east of LA. The team was able to arrange a 10-year, fixed-rate loan on the 140-unit property. Freddie Mac made the loan, which includes a five-year period of interest-only payments and an 80% loan-to-value ratio.

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