68
ROMEOVILLE, ILL. — Berkadia Commercial Mortgage has arranged a $36.8 million loan for the refinancing of HighPoint Community Apartments, a 389,900-square-foot complex in Romeoville. Len Deering, Paul Matusiak and Tom Sigrist of Berkadia's Chicago office arranged the 35-year loan through the U.S. Department of Housing and Urban Development's 223(f) program. Highpoint includes one- and two-bedroom apartments and is currently 94 percent leased. The fixed-rate loan has a 35-year amortization schedule.