Transactions: April 2022

1 min read

A short list of recent major investment sales and financings from coast to coast.

Roadrunner on McDowell. Image courtesy of Institutional Property Advisors

SALES

Property Location No. of Units Buyer Seller Notes/Rep. Value Date Announced
West Edge Seattle 340 PGIM Real Estate Urban Visions $293 Million 22-February
The Bryant at Yorba Linda Yorba Linda, Calif. 400 Interstate Equities Corp. Resource Real Estate Northmarq facilitated the sale. $206 Million 27-January
Roadrunner on McDowell Scottsdale, Ariz. 356 KB Investment Development JLB Partners Institutional Property Advisors brokered the deal. $194 Million 15-February
Talisman Redmond, Wash. 286 Hines Development Lowe Enterprises $172 Million 27-January
Volta on Pine Long Beach, Calif. 271 Gelt Holland Partners, North America Sekisui House Walker & Dunlop arranged the disposition. $156 Million 24-January
Morea Pompano Beach, Fla. 327 The Benjamin Cos. Fairfield Group $146 Million 23-February

FINANCING

Property Location Type of Financing No. of Units Lender Arranged by Borrower / Notes Amount Date Announced
Three-property fully affordable portfolio Brooklyn, N.Y. Refinance 1,673 New York City Housing Development Corp. The Hudson Cos., Duvernay & Brooks and Property Resources Corp. $401 Million 25-January
Vela on OX Woodland Hills, Calif. Refinance 379 PNC Bank Essex Property Trust $222 Million 1-February
Alston Station Square Ronkonkoma, N.Y. Refinance 489 Freddie Mac Greystone TRITEC Real Estate $203 Million 2-February
The Enclave Paramount, Calif. Bond 306 Wilmington Trust BLDG Partners, California Municipal Finance Authority $183 Million 3-February
Bellevue at the Bluffs Dallas Refinance 473 Square Mile Capital Management Nicholas Residential, Prospect Ridge $144 Million 21-January
The Gabriella Dallas Refinance 378 Barings Greystar $127 Million 27-January

To have your transaction featured, submit details to Agota Felhazi at [email protected].

Read the April 2022 issue of MHN.

You May Also Like

The latest multifamily news, delivered every morning.


Latest Stories

Like what you're reading? Subscribe for free.