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Berkadia Manufactured Housing

Berkadia Manufactured Housing combines mortgage banking, investment sales, and advisory services for manufactured home community and RV resort owners nationwide. The group states more than 75 years of combined manufactured housing experience across its team.

The pitch is that financing and brokerage move together: the same platform can refinance, recapitalise, or sell a community. Debt is placed with Fannie Mae, Freddie Mac, FHA/HUD, life insurance companies, banks, REITs, CMBS conduits, and debt funds, covering acquisition, refinance, rehabilitation, and repositioning. HUD work spans the major multifamily programs, including 221(d)(4), 220, 223(f), 241(a), and 223(a)(7). Berkadia also services loans and places JV equity.

In 2025 the manufactured housing group financed $1.3B across 112 transactions for manufactured housing communities and RV resorts, and Berkadia ranked #2 Freddie Mac Manufactured Housing Communities lender and #4 Fannie Mae DUS producer for manufactured housing communities. Firmwide, Berkadia reported $52B in total mortgage banking, investment sales, and JV equity placement volume in 2025, with investment sales advisors across more than 50 offices. The platform was named winner of the 2026 MHI Excellence in Manufactured Housing Award for Community Lender/Broker of the Year. Berkadia itself was formed in 2009, when a joint venture of Berkshire Hathaway and Leucadia National Corporation, now Jefferies Financial Group, acquired Capmark's mortgage origination and servicing business.

Business lines sit in separate legal entities: mortgage origination and servicing run through Berkadia Commercial Mortgage, and investment sales and brokerage through Berkadia Real Estate Advisors. The site also notes it is not intended to solicit commercial mortgage loan brokerage business in Nevada, so state licensing is worth checking for a given deal.

Best for

Manufactured home community and RV resort owners who want financing and brokerage handled together, with agency, HUD, or bank debt arranged alongside an acquisition, refinancing, repositioning, or sale.

What they do

  • Manufactured housing community mortgage banking
  • RV resort financing
  • Investment sales for manufactured housing communities and RV resorts
  • Fannie Mae DUS lending
  • Freddie Mac agency lending
  • FHA/HUD multifamily financing
  • Loan servicing
  • JV equity placement
  • Institutional investment advisory

Details

AttributeValue
Founded2009
Typical deal size$10M+

What stands out

  • Financed $1.3B across 112 transactions for manufactured housing communities and RV resorts in 2025.
  • Ranked the #2 Freddie Mac Manufactured Housing Communities lender in 2025.
  • Named winner of the 2026 MHI Excellence in Manufactured Housing Award for Community Lender/Broker of the Year.
  • Berkadia reported $52B in total mortgage banking, investment sales, and JV equity placement volume in 2025.
  • Formed in 2009 as a joint venture of Berkshire Hathaway and Leucadia National Corporation, now Jefferies Financial Group.