Berkadia JV Equity & Structured Capital, led by Noam Franklin, Cody Kirkpatrick, Chinmay Bhatt, Alex Bonda and Luke Safranek of Berkadia Detroit, has secured $28.6 million in financing for a new industrial development project in Detroit.
The capital was arranged through Forum Investment Group based in Denver. According to Bhatt, the strong sponsorship and unique nature of the deal generated significant interest from investors.
“We are thrilled to partner with Berkadia on this transaction,” said Joe Chickey from Forum as he expressed excitement for future opportunities to provide debt and equity capital for qualified developers and sponsors across the US.
At Connect Industrial Midwest 2025 event on March 5th at Joe’s Live in Rosemont IL., Michael Brennan will be honored with Connect CRE’s Lifetime Achievement Award. He will also participate in a keynote interview alongside Kevin Brennan from Brennan Investment Group. Don’t miss out on this exclusive presentation!