WASHINGTON, D.C. – February 27, 2015 – (RealEstateRama) — Berkadia Real Estate Advisors is pleased to announce that Partner and Director of Affordable Housing Alex Mogharebi was the company’s top-grossing investment sales advisor in 2014. Mogharebi, based in the company’s Ontario, California office brokered the sale of more than 1,800 apartment units across the state of California last year.
In the fourth quarter alone, Mogharebi’s sales totaled more than $100 million in apartment dispositions. Among the late-year sales, Monte Vista Gardens sold for $28.9 million. The 144-unit San Jose, California apartment community sold for $200,700 per unit and featured both market-rate and low-income units. The 160-unit Ridgeline in San Bernardino, California also sold in the final quarter of 2014, transacting for $18.5 million, or $115,625 per unit.
Other notable sales in 2014 include Highlander Pointe, located in Riverside, California, which sold for $14.1 million in the third quarter, and Four Winds, located in Santa Fe Springs, California that sold for $13.5 million in the first quarter.
“We are proud that Alex has notched another consecutive year as Berkadia Real Estate Advisors’ top investment sales advisor. His success is a testament to his hard work and the deep resources at his disposal,” said Brent Long, President of Investment Sales
Berkadia is an industry-leading real estate company. We provide comprehensive capital solutions and investment sales advisory and research services for multifamily and commercial properties, and rank among the largest, highest-rated and most respected primary, master and special servicers in the industry.