Mitch Sinberg, Scott Wadler, Matt Robbins and Brad Williamson

The Berkadia South Florida team made strides in 2025 with higher loan volume while also expanding across asset classes despite facing challenging market conditions for much of the year. 

The brokerage firm closed $4.84 billion in loans nationally, a 22 percent increase from 2024. 

The active year saw Berkadia branch out beyond its traditional multifamily roots, too, with a number of deals for condominium, hospitality, retail and office sourced through a variety of lenders at a time when acquisitions remained lower in a high interest rate environment. 

“We’ve hit a good stride in a really tough time from a macroeconomic perspective,” Scott Wadler said. “We’re doing a lot of refis and we’re doing a lot of construction loans, but we’re not doing a lot of acquisition financing. And, when we see that uptick, I think we’ll be even more well positioned and powerful.”

Berkadia’s busy 2025 was highlighted by arranging a $630 million construction loan from Madison Realty Capital on behalf of Gil Dezer for his planned Bentley-branded condo development in Sunny Isles Beach. Dezer is building the 61-story tower on a 2.3-acre site on Collins Avenue 11 miles north of Miami Beach. 

Another notable deal involved a $145 million pre-development and land acquisition loan led by City National Bank for a mixed-use redevelopment of the former Office Depot headquarters in Boca Raton. The Eclipse project sponsored by Pebb Enterprises and BH Group will include developing a 37,000-square-foot Equinox and funding office tenant improvements to the 29-acre campus.

The brokerage giant is off to a strong start in 2026 as well, with nearly $2 billion of loans in the pipeline aided by a versatile platform that continues to scale in the South Florida market and beyond. 

“We want to be known as the strongest adviser in our market, and that’s what we’ve actively been trying to do by expanding beyond just the multifamily and agency side of things,” said Mitch Sinberg, who rounds out the Berkadia leadership team with Matthew Robbins and Brad Williamson. “We’re always going to be really good at multifamily and agency, but we want to be really good at everything, and we think now we’ve hit our stride and arm.”