Berkadia Secures $366.1 Million Refinancing for April Housing's 13-Property Florida Portfolio

Berkadia secured $366.1 million in Fannie Mae financing to refinance April Housing's 13-property Florida credit facility. Announced on October 1, 2026, the transaction closed on September 9.

The garden-style affordable housing portfolio includes properties in Miami, Jacksonville and Tampa. Berkadia Affordable Housing arranged the financing for April Housing, a Blackstone portfolio company, to support the continued operation and preservation of the communities. The lender announcement does not disclose the unit count for this particular portfolio. April Housing's separate company-wide preservation figures should not be treated as the number of homes in this transaction.