MORTGAGE BANKING
Matt Mitchell
Senior Managing Director (813) 217-3419 matt.mitchell@berkadia.com
CHRIS BURTNER
Director (321) 446-4789 chris.burtner@berkadia.com
Wade Sarchet
Financial Analyst (813) 675-0465 wade.sarchet@berkadia.com
Tyler Swidler
Director (321) 319-1415 tyler.swidler@berkadia.com
Brett Moss
Managing Director (321) 319.1414 brett.moss@berkadia.com
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Property Details
98%
Occupied
955
Average SF
2023
BUILT
304
UNITS
Investment highlights
BRYAN BROWN
Vice President - Originations (813) 675-0122 bryan.brown@berkadia.com
Alec Fox
Director (727) 871-9576 alec.fox@berkadia.com
2-Story Garden
UNIT TYPE
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GALLERY
SCOTT MARKER
Financial Analyst 512.960.2637 scott.marker@berkadia.com
$2.13
AVERAGE MarKET Rent PSF
Brand-new, Class AA, core-quality apartment community boasting resort-style amenities and a unique, low density setting
Highly sought-after core location within the U.S.’s best-selling, multi-generational, master-planned community, Lakewood Ranch
Cash flow durability with the Property standing at nearly 98% occupancy, offering no new concessions and positioned for meaningful rent growth on second generation leases
Minimal threats from new supply as recent turbulence in real estate capital markets, elevated construction costs, and resilient land values have stalled new construction projects
Well-heeled resident base with strong propensity to absorb future rent increases
Favorable discount to replacement cost and sales comps from last cycle’s peak pricing
Strong demographic trends and robust economic growth are driving increased institutional investment in the Sarasota MSA
SCOTT WADLER
Managing Director (786) 646-2595 scott.wadler@berkadia.com
11109 Vida Circle | Bradenton, FL 34211
$2,032
Average Market Rent
Berkadia®, a joint venture of Berkshire Hathaway and Jefferies Financial Group, is an industry leading commercial real estate company providing comprehensive capital solutions and investment sales advisory and research services for multifamily and commercial properties. Berkadia® is amongst the largest, highest rated and most respected primary, master and special servicers in the industry. This advertisement is not intended to solicit commercial mortgage company business in Nevada.
© 2025 Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Berkadia® and Berkadia Commercial Mortgage® are trademarks of Berkadia Commercial Mortgage LLC. Investment sales and real estate brokerage businesses are conducted exclusively by Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Commercial mortgage loan origination and servicing businesses are conducted exclusively by Berkadia Commercial Mortgage LLC and Berkadia Commercial Mortgage Inc. Tax credit syndication business is conducted exclusively by Berkadia Affordable Tax Credit Solutions. For state licensing details for the above entities, visit www.berkadia.com/licensing.
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