Private company
Who owns Berkadia Commercial Mortgage LLC
One company in the researched set discloses a stake in Berkadia Commercial Mortgage LLC, worth $461m between them. Berkadia Commercial Mortgage LLC is private, so no 13F reports it: a 13F covers exchange listed positions only. These figures exist because each holder disclosed the stake in its own filings.
Berkadia Commercial Mortgage LLC - Profile
- Type
- joint venture
- Based in
- United States
- Founded
- 2009
Berkadia is a United States commercial real estate finance firm built around three business lines: mortgage banking, where it originates multifamily and commercial property loans for the government agency programs of Fannie Mae, Freddie Mac and HUD as well as loans placed with banks, insurers and other lenders; investment sales, where it advises owners selling multifamily assets; and loan servicing, where it acts as primary, master and special servicer for agency loans, commercial mortgage backed securities transactions and institutional lenders. The company was created in 2009 by Berkshire Hathaway and Leucadia National, now Jefferies Financial Group, to buy the mortgage origination and servicing business of the bankrupt Capmark Financial Group, a business that began life as GMAC Commercial Mortgage. It operates from offices across the United States and a large support operation in Hyderabad, India.
Source
Berkadia Commercial Mortgage LLC files nothing with the SEC, so none of this comes from a filer record. The description was written for this site in August 2026 from About Us (Berkadia), Jefferies Financial Group Form 10-K for fiscal 2021 (SEC) and A Closer Look at Berkshire's Berkadia Joint Venture (GuruFocus). The ownership figures below come from the holders' filings instead, and are sourced row by row.
The disclosed stakes
One row per position. Where a holder reports the same company in two share classes, both rows are shown rather than summed, because the class is part of a position's identity.
Where each figure comes from
A private stake has no ownership form behind it, so the source is always the holder's own filing or disclosure. Anything modelled says so, with the arithmetic.
- Berkshire Hathaway Inc., as of 30 Jun 2026. The 461 million USD figure is Berkshire's equity method carrying value at 30 Jun 2026, not a market value. Berkadia is private and Berkshire discloses no fair value for it. A Berkshire insurance subsidiary supports Berkadia's commercial paper programme, capped at 1.5 billion USD, with a surety policy under which Jefferies indemnifies Berkshire for half of any loss. source
What this page is not
It is not a complete register. It lists the holders who happen to be inside the researched set and disclosed the stake themselves. A private company can have many other shareholders, and nothing here rules them out: venture investors, founders and employees usually appear in no public filing at all. Percentages are of Berkadia Commercial Mortgage LLC where a holder stated one, and are missing where no holder did.