Transactions: June 2022

May 31, 2022

140 Riverside Blvd. Image courtesy of CBRE

Property	Location	No. of Units	Buyer	Seller	Notes/Rep.	Value	Date Announced
140 Riverside Blvd.	New York, N.Y.	354	A&E Real Estate Holdings	Equity Residential	CBRE brokered the transaction.	$266 Million	9-April
The Sophia at Abacoa	Jupiter, Fla.	390	Berkshire Residential Investments	Heitman	–	$203 Million	6-April
The Vitagraph	Brooklyn, N.Y.	302	The Dermot Co., Principal Real Estate Investors and PGGM	Hampshire Properties	JLL Capital Markets represented the seller.	$180 Million	6-April
Lake Castleton	Indianapolis	1,261	Pepper Pike Capital Partners	Sterling Group	Voya Financial financed the sale.	$171 Million	1-April
AMLI Art District	Denver	337	AMLI Residential	Cypress Real Estate Advisors	–	$155 Million	31-March
Jefferson Lake Howell	Casselberry, Fla.	384	LaSalle Investment Management	Jefferson Apartment Group	–	$154 Million	31-March

Property	Location	Type of Financing	No. of Units	Lender	Arranged by	Borrower / Notes	Amount	Date Announced
ParkLine Miami	Miami	Acquisition	816	Aegon	–	Harbor Group International, Cammeby’s International Group, AB Asset Management and Image Capital	$305 Million	31-March
Skye Reserve	Brandon, Fla.	Acquisition	982	MF1	Berkadia	ZMR Capital	$207 Million	4-April
Linea	Los Angeles	Refinance	595	Landesbank Baden-Wurttemberg	–	Carmel Partners, Pacific Coast Capital Partners	$198 Million	29-March
NEMA Miami	Miami	Refinance	580	Blackstone Group	–	Crescent Heights	$179 Million	30-March
Gas Company Lofts	Los Angeles	Refinance	251	PNC Bank	–	Essex Property Trust, State of Wisconsin Investment Board	$160 Million	31-March
Glenn Gardens	New York, N.Y.	Refinance	266	KKR	–	A&E Real Estate Holdings	$138 Million	8-April