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Stock Market & Financial Investment News

News Breaks
January 9, 2013
09:36 EDTBRK.A, LUK, BRK.BBerkadia Commercial Mortgage acquires Hendricks & Partners
Berkadia Commercial Mortgage announced the expansion of its U.S. presence through its acquisition of Hendricks & Partners. The acquisition closed on December 31, 2012. Effective immediately, Hendricks & Partners will operate under the name Hendricks-Berkadia. Current Hendricks & Partners CEO, Don Hendricks, will join Berkadia's Executive Committee as the CEO of Hendricks-Berkadia and Executive Vice President of Berkadia. Berkadia Commercial Mortgage is a joint venture between Berkshire Hathaway (BRK.A, BRK.B) and Leucadia National (LUK).
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