Transactions: April 2022

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

Roadrunner on McDowell. Image courtesy of Institutional Property Advisors


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


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