Berkadia Commercial Mortgage LLC, the lender and servicer backed by Warren Buffett’s Berkshire Hathaway Inc., is considering mergers and acquisitions. “Berkadia is looking to grow, and one of the components of the strategy is M&A, potentially,” Kelly Davis, a spokeswoman for Berkadia, said in a July 29 interview. She declined to comment further. Horsham, Pennsylvania-based Berkadia last week announced the hiring of a chief financial officer with duties including “an important role” in M&A. Berkshire and Leucadia National Corp. bought the business that became Berkadia from bankrupt Capmark Financial Group Inc. in 2009.
Jason Philyaw was a reporter with HousingWire through mid-2012.see full bio
Most Popular Articles
Latest Articles
Housing demand stays positive with mortgage rates near 2026 highs
Weekly pending sales increased to 75,935 versus 69,636, and purchase apps were up 7% year over year despite higher mortgage rates.
-
Boston’s international business boom equals more demand for housing
-
Trump says Fannie Mae, Freddie Mac IPO still on the table
-
Akron looks to deflate minimum lot size rules to spur infill
-
Mortgage Forward to acquire First Federal Bank’s TPO division
-
Nest Egg Protection Act would raise capital gains tax exclusion for senior home sellers
Jason Philyaw was a reporter with HousingWire through mid-2012.see full bio