Berkshire Hathaway, Inc. and Leucadia National Corporation jointly own Berkadia Commercial Mortgage LLC. Berkadia manages a huge portfolio of over $240 billion to date, the third largest in America. What makes this commercial mortgage stand out from the rest is that it is supported by a group of financially responsible and strong sponsors. This gives them the freedom to compete with effectiveness and tenacity in the market. For instance, they will be guided by Warren Buffet the Chief Executive Officer of Berkshire Hathaway, and Michael I. Lipson, head of Global Services and Loan Origination
Currently Berkadia Commercial Mortgage is a top rated, approved lender for Fannie Mae, HUD/FHA, and Freddie Mac. The company also acts as a correspondent for insurance companies. Through Berkadia, clients are able to gain access to money and resources for acquiring, constructing, rehabilitating, or refinancing commercially owned real estate properties. The main headquarters of Berkadia is in Horsham, Pennsylvania, with over twenty origination and servicing locations in areas all across the United States. Plus there’s an office in Hyderabad India.
Berkadia Commercial Mortgage is in a prime position for taking full advantage of several opportunities that continue to be created by the dislocation in the commercial real estate industry currently in progress. As a client you can expect no less than outstanding customer service as Berkdia works tirelessly to maintain vital business relationships. If you are interested in purchasing common stock of the company, Berkadia is listed on the New York Stock Exchange, trading symbol LUK.
