Transactions: September 2020

A short list of recent major investment sales and financings from coast to coast.
The Bartlett. Image via Google Street View

READ THE DIGEST

SALES

Property Location No. of Units Buyer Seller Notes/Rep. Value Date Announced
Kiara Seattle 460 Oxford Properties Group Holland Partner Group PGIM Real Estate provided acquisition financing. $319.5 Million 15-Jul
One South Market San Jose, Calif. 312 Yi Wang Essex Property Trust $175 Million 29-Jun
Residences at The Triangle Austin, Texas 529 Castel Lanterra Properties The Dinerstein Cos. JLL Capital Markets represented the seller in the transaction. $129 Million 10-Jul
Avana Thornton Station Thornton, Colo. 480 Greystar Real Estate Partners Eaton Vance Management $119 Million 10-Jun
The Townes at Holly Station Waldorf, Md. 510 Charger Ventures SouthStar Management $115 Million 28-May
Skyline Terrace Burlingame, Calif. 138 Pacific Urban Residential Equity Residential Institutional Property Advisors represented the seller in the transaction. $108 Million 1-May

FINANCING

Property Location Type of Financing No. of Units Lender Arranged by Borrower / Notes Amount Date Announced
Flatbush Gardens Brooklyn, N.Y. Refinancing 2,496 New York Community Bank Clipper Equity $329 Million 13-May
77-87 Commercial St. Brooklyn, N.Y. Construction 720 Bank of China Troutman Sanders, Milbank and Sukenik Segal Clipper Equity $286 Million 25-Jun
The Bartlett Arlington, Va. Refinancing 699 Freddie Mac JBG Smith Properties $217.5 Million 23-Jul
The Paseos at Ontario Ontario, Calif. Refinancing 800 Deutsche Bank GH Palmer Associates $200 Million 27-May
Summer House Alameda, Calif. Refinancing 615 Freddie Mac LivCor $168 Million 2-Jun
Malibu Canyon Calabasas, Calif. Refinancing 699 Fannie Mae/KeyBank Aimco $159 Million 2-Jun

To have your transaction featured, submit details to Jeffrey.Hamann@cpe-mhn.com.

Read the September 2020 issue of MHN.