
The Angela. Image courtesy of CBRE
READ THE DIGEST
SALES
| Property |
Location |
No. of Units |
Buyer |
Seller |
Notes/Rep. |
Value |
Date Announced |
| Essex on the Park |
Chicago |
479 |
ICONIQ Capital |
Oxford Capital Group/Quadrum Global |
JLL represented the seller. |
$190 Million |
8-Oct. |
| ArtWalk at CityCenter |
Englewood, Colo. |
438 |
Oak Coast Properties |
CBRE Global Investors |
JLL represented the seller and secured Freddie Mac financing. |
$123.5 Million |
20-Oct. |
| Onnix |
Tempe, Ariz. |
659 |
Western Wealth Capital |
Bridge Investment Group |
Institutional Property Advisors represented the seller. |
$117.5 Million |
13-Oct. |
| The Angela |
Phoenix |
253 |
Cortland |
StreetLights Residential/Nexpoint Advisors |
CBRE represented the seller. |
$117 Million |
9-Oct. |
| Kimball Towers at Burlington |
Burlington, Mass. |
256 |
DSF Group |
LivCor |
CBRE provided acquisition financing through Fannie Mae. |
$90.5 Million |
1-Oct. |
| MidTown on Main |
Mesa, Ariz. |
472 |
Tides Equities |
Investcorp/BH Cos. |
CBRE provided Freddie Mac acquisition financing. |
$86.5 Million |
13-Oct. |
FINANCING
| Property |
Location |
Type of Financing |
No. of Units |
Lender |
Arranged by |
Borrower / Notes |
Amount |
Date Announced |
| Summit |
Manhattan |
Refinance |
429 |
Freddie Mac/Greystone Servicing Corp. |
– |
BLDG Management |
$289 Million |
9-Oct. |
| 200 Water St. |
Manhattan |
Refinance |
575 |
Equitable Holdings |
– |
Rockrose Development |
$136.3 Million |
15-Oct. |
| 4 West Las Olas |
Fort Lauderdale, Fla. |
Refinance |
260 |
Benefit Street Partners/Electra Capital |
Cushman & Wakefield |
Elevate Partners |
$92 Million |
1-Oct. |
| 4126 12th Ave. NE |
Seattle |
Construction |
250 |
Pacific Western Bank |
JLL |
Greystar |
$86.2 Million |
1-Oct. |
| The Landings at Beckett Ridge & Sterling Lakes |
West Chester & Mason, Ohio |
Refinance |
340 |
Thrivent Financial |
– |
Hills Properties |
$75 Million |
1-Oct. |
| Linden Audubon Park |
Orlando, Fla. |
Refinance |
449 |
Berkadia/Freddie Mac |
– |
Harbor Group International |
$74 Million |
13-Oct. |
To have your transaction featured, submit details to Jeffrey.Hamann@cpe-mhn.com.
Read the December 2020 issue of MHN.