DBRS Releases Berkadia Commercial Mortgage LLC Servicer Evaluation Report

DBRS has today released a servicer evaluation report for Berkadia Commercial Mortgage LLC (Berkadia or the Company) that provides further detail on the recent confirmation of the Superior ratings for the Company’s Superior Master Mortgage Servicing and Primary Mortgage Servicing.

Berkadia is a joint venture between Berkshire Hathaway Inc. (Berkshire) and Leucadia National Corporation (Leucadia). With the acquisition of the Company by Berkshire and Leucadia, the overall financial strength of the Company has been greatly enhanced following the voluntary bankruptcy filing of the predecessor company in October 2009. The Company continues to be profitable and enjoys substantial liquidity for originations, advancing and operations provided by the joint venture partners.