Berkadia Proprietary Holding LLC
Building the Future of Commercial Real Estate

Berkadia Proprietary Holding LLC is becoming the hot ticket for composing financial blueprints for clients in commercial real estate (CRE) by determining the investments that shape tomorrow's skylines.

Born as a joint venture of Berkshire Hathaway and Jefferies Financial Group, Berkadia has grown into the largest non-bank CRE servicer in the U.S., tailoring financial solutions to support clients throughout the real estate lifecycle. With stupendous capital strength and sophisticated investment strategies, it facilitates transactions across various asset classes, including multifamily, industrial and hospitality.

“Intentionally and consistently evolving has been the critical thread woven into Berkadia’s history,” says Justin Wheeler, chief executive officer. “Our servicing portfolio now exceeds $415 billion UPB. These are the outward signs of our commitment to being the best at our craft in serving our clients and growing our reputation as a market leader in commercial real estate services.”

Berkadia’s core services encompass mortgage banking, investment sales and loan servicing, making it a one-stop shop for institutional investors, developers and property owners. Its mortgage banking division is one of the strongest in the industry and consistently ranks as a top lender for government-sponsored enterprises like Fannie Mae, Freddie Mac and HUD. The company provides structured financing solutions that help clients maximize their investments, whether through traditional loans, bridge financing or affordable housing programs. With the award-winning loan servicing platform, clients can overcome various challenges associated with loan administration and cash and asset management through agency lending programs, life company financing or commercial mortgage-backed securities lending.

Its investment sales platform bridges buyers and sellers with data-driven insights and strategic advisory services. Leveraging real-time market intelligence and access to an extensive buyer pool, the company’s professionals help clients easily navigate the intricacies of acquisition and dispositions.
In one instance, Berkadia helped finance a 300-unit affordable housing development in Orlando, Florida. Partnering with an affordable housing investor, the company delivered a mission-driven, ground-up construction project with access to 100 percent solar offsetting.

The project provided much-needed housing for low-income families by securing a $73.5 million construction loan and $45 million in low-income housing tax credit equity. Berkadia also incorporated sustainability measures like energy-efficient appliances and green building certifications.

Every success story at Berkadia is written by its team of skilled professionals. The company significantly invests in training and professional development, ensuring that the team is equipped with the latest technology and industry trends. Its cultural foundation, The Berkadia Way, fosters an environment of accountability, self-awareness and collaboration, encouraging employees to take ownership of their growth.

Access to leadership programs, mentorship opportunities and ongoing education make every member a strategic advisor who understands the ins and outs of the client’s specific needs and goals. This commitment to service is reflected in its recognition as one of GlobeSt.'s Best Places to Work for two consecutive years.

Berkadia is also about giving back to the community it serves. Through various programs and initiatives, the company supports philanthropy focused on education, housing and social impact. Employees are encouraged to volunteer, with many dedicating time and resources to causes they are passionate about. The company’s involvement in affordable housing extends to partnerships with nonprofits and local organizations to help create sustainable, thriving communities.

Its unmatched commitment to innovation, client satisfaction and social responsibility has helped shape transactions in the CRE world that go beyond numbers. By seamlessly integrating financial expertise with a people-first approach, Berkadia drives meaningful progress in the industry.