In December 2009, Berkshire Hathaway and Leucadia National Corporation formed a new entity named Berkadia Commercial Mortgage in order to acquire Capmark Financial Group’s North American loan origination and servicing business. Berkshire and Leucadia each invested $217.2 million of equity capital to fund the Capmark transaction. In addition, Berkshire has provided a $1 billion five year secured credit facility to Berkadia, of which $580.5 million was outstanding under the facility as of December 31, 2009. Read this article for more information.
A Closer Look at Berkadia Commercial Mortgage
