Hendricks & Partners acquired by Berkshire Hathaway joint venture
by February 20, 2013 3:30 pm 335 views
Hendricks & Partners, one of the nation’s largest multi-family investment banking and research companies, has been acquired by Berkadia Commercial Mortgage, LLC, a
joint venture of investment giant Berkshire Hathaway and Leucadia National Corporation, a major U.S. holding company with diverse investments.
The company has an office in Fayetteville.
Aaron Hargrove, partner who heads Hendricks & Partners in the Central South region, said the new firm is now called Hendricks-Berkadia.
“The acquisition brings substantial new resources to our work negotiating the acquisition and sale of investment-grade multi-family properties,” Hargrove said.
Since joining Hendricks five years ago, Hargrove and Associate Partner Hunter Buwick have sold 10,942 units and negotiated five land transactions.
“Berkadia Commercial Mortgage unites two of the great financial powerhouses and Hendricks-Berkadia is now able to provide sound access to financing for major acquisitions,” Buwick said.