### Berkadia Detroit Closes Over $1 Billion in Production Volume in 2024
Berkadia’s Detroit office achieved a significant milestone in 2024, closing $1.35 billion in production volume. The Detroit Mortgage Banking division successfully secured $1.2 billion in financing across 88 transactions with more than 20 different lenders.
Additionally, Berkadia Detroit Investment Sales recorded over $178.1 million in investment sales volume across six transactions during the year. The team, comprising mortgage bankers Aaron Moll, Luke Safranek, Alex Bonda, and Trevor Friday, collectively accounted for 50% of the total loan production in Detroit for 2024.
“Despite the volatile debt market in 2024, the Detroit office placed $1.2 billion. Our debt team has consistently exceeded $1 billion in loan production every year since 2012. I’m incredibly proud of the hard work and dedication of our entire team,” said Senior Managing Director Peter Benedetto.
Berkadia was also recognized as the #1 Freddie Mac Lender by Volume and the #2 Fannie Mae DUS Lender by Volume in 2024.
*Production volume for 2024 includes both mortgage banking and investment sales closed by Berkadia Detroit.*
