Transactions: June 2021

A short list of recent major investment sales and financings from coast to coast.
The Wyatt. Image courtesy of Mission Rock Residential

READ THE DIGEST

SALES

Property Location No. of Units Buyer Seller Notes/Rep. Value Date Announced
Alexan 20th Street Station Denver 354 Blackstone Group Trammell Crow Residential $130 Million 8-Apr.
Creekwood Hayward, Calif. 309 Catalyst Housing Group, California Community Housing Agency Bridge Investment Group Wilmington Trust provided financing. $128.7 Million 31-Mar.
The Wyatt Fort Collins, Colo. 368 Hamilton Zanze & Co. Nevada West Development Berkadia provided financing. $110 Million 30-Mar.
Lake Village North Garland, Texas 848 S2 Residential Madera Cos. NorthMarq brokered the sale. $104.8 Million 2-Apr.
The Park at Hoover Hoover, Ala. 1,060 Westside Capital Group Crescent Real Estate Berkadia represented the seller and provided financing. $100.8 Million 26-Mar.

FINANCING

Property Location Type of Financing No. of Units Lender Arranged by Borrower / Notes Amount Date Announced
The Brooklyn @9669 Dallas Acquisition 1,487 Voya Financial WindMass Capital $120 Million 25-Mar.
Oceanaire Long Beach, Calif. Bonds 216 California Statewide Communities Development Authority Wilmington Trust is the trustee. Lennar Multifamily Communities $105.7 Million 25-Mar.
The Dunbar Manhattan Refinancing 536 Berkshire Group Fairstead $86 Million 9-Mar.
101 Park Place Stamford, Conn. Acquisition 336 Freddie Mac Greystone originated the loan. AJH Management $85.9 Million 1-Mar.
The Whit Indianapolis Refinancing 334 CIM Group TWG Development $83 Million 2-Mar.

To have your transaction featured, submit details to Jeff Hamann at jeffrey.hamann@cpe-mhn.com

Read the June 2021 issue of MHN.