Berkadia recently revealed that it has arranged the sale and financing of Topaz Villas, a 444-unit multifamily community in Jacksonville. Director Greg Rainey of Berkadia Jacksonville, along with his team, arranged the sale on behalf of the sellers, Topaz Capital Group and The Lynd Company.

Senior managing director Mitch Sinberg, managing director Brad Williamson and associate director Wesley Moczul of Berkadia Florida arranged the financing on behalf of ROI Capital Group, which acquired the property for $66 million with a $53 million loan. Topaz Villas will be rebranded by new ownership immediately upon takeover of the asset.