Berkadia today announced the addition of Senior Director Toby Booker to its Philadelphia investment sales team. He joins Senior Managing Directors Zac Pierce and Matthew Stefanksi and Associate Directors Alan Krawitz and Christopher Farmer. Booker will report to SVP andHead of Investment Sales Keith Misner.

“With more than 20 years in the business, Toby brings a depth of experience and expertise coupled with a unique background that spans residential development and public private projects,” said Misner. “We’re excited to have him join our team as we continue to grow our impact in Philadelphia and across the Northeast.”

Booker joins Berkadia from The Michaels Organization, where he served as Vice President with a focus on developing opportunities in the student housing space. Throughout his career, he has worked with higher education and government clients to build sustainable residential communities. Booker has secured student housing projects valued at more than $1.5 billion with over ten thousand beds and military family housing valued at $4 billion with over forty thousand residential units throughout the United States.

“Philadelphia, and the surrounding region, is a strong market with solid fundamentals and while COVID-19 is having a significant impact on the commercial real estate landscape, we remain focused on the long view” says Pierce. “We’re optimistic about the future of our region and excited to add Toby to our team to enhance our work with clients now and into the future.”

Prior to The Michaels Organization, Booker was Vice President of Partnership Development at the Corvias Group. He has also held roles at AVI Specialty Group and Balfour Beatty Investments, formerly GMH Communities Trust. Hereceiveda B.S. in Business Administration (Finance) from the University of Richmond and an MBA in New Ventures and Entrepreneurial Studies from Pennsylvania State University.

About Berkadia®:

Berkadia, a joint venture of Berkshire Hathaway and Jefferies Financial Group, is a leader in the commercial real estate industry, offering a robust suite of services to our multifamily and commercial property clients. Through our integrated mortgage banking, investment sales and servicing platform, Berkadia delivers comprehensive real estate solutions for the entire life cycle of our clients’ assets.

To learn more about Berkadia, please visit www.berkadia.com.