Women of Distinction 2021: Berkadia Commercial Mortgage

Amy S. Barry, Director of Operations; Photo by Linda Smallpage, Boutique Photographer

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Amy S. Barry grew up in Shorewood and moved to Washington, DC to pursue her career in multifamily housing finance. She and her family returned every year to see relatives, Summerfest and UW football. Always wishing for the chance to move, during one such visit in 2018, her son said, “Why are we waiting? She says, “I didn’t get a good answer!” Berkadia, a national commercial mortgage company, caught wind of Amy and her husband, Mark Dellonte’s impending move, and offered them the opportunity to open a new office in Milwaukee. In 2019, Barry moved to launch Berkadia Milwaukee to better serve investors and multi-family owners in the Upper Midwest and West. Barry’s experience in commercial real estate investments as well as operational management made him an excellent choice. “By offering competitive funding, we’re helping developers build something that adds lasting value to our community,” she says. “It could be affordable rental housing, housing for the elderly, healthcare facilities or even hotels. I love seeing these things being built from the ground up. Now with a growing team of nine, Barry and his family are grateful to Berkadia and their hometown. “Milwaukee is an amazing place!”

“Milwaukee is rich with opportunity.”

– Amy S. Barry

How was the process of launching Berkadia in Milwaukee?

It was awesome. We have been very fortunate to see how welcoming the real estate community is here in Wisconsin, especially in Milwaukee. I have been in this business for a long time. I lived on the East Coast, and there was this inherent belief that you don’t really spend your capital or your debt money in states that are in the middle, okay, you spend it on the East Coast, you spend them in California or Texas. or Florida. That’s part of what I’m passionate about – showcasing that national competitiveness. Milwaukee is rich in opportunity and has a very strong development community.

What were the biggest obstacles you had to face in your career?

Any obstacle you face, it’s your job to fix it, resolve it, work around it, or get through it. I never really focused on obstacles. Being a woman in the real estate industry, certainly in the mid to late 1990s, I remember going to housing conferences where 2,000 people were in attendance and we were literally maybe 10 women. That this unbalanced dynamic no longer exists, and that’s super cool. Work is work. You have to do it, and, and if you don’t do it well, you have to figure out how to do it well.







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