Transactions: February 2023

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

Bezel. Image courtesy of Square Mile Capital Management

Bezel. Image courtesy of Square Mile Capital Management

SALES

PropertyLocationNo. of UnitsBuyerSellerNotes / Rep.ValueDate Announced
Three-property portfolioNew York, N.Y.858Black Spruce, The Orbach GroupSolow ResidentialJLL Capital Markets represented the seller.$825 Million23-Nov
KiaraSeattle, Wash.460Ponte GadeaOxford Properties Group –$322 Million13-Dec
Domain San DiegoSan Diego, Calif.379MG Properties, Rockwood CapitalMagnolia CapitalEastdil Secured arranged the deal.$185 Million23-Nov
Bay Ridge at NashuaNashua, N.H.414Eagle Rock PropertiesAIR Communities –$159 Million21-Nov
Bell ParklandParkland, Fla.396Capital SquareBell Partners –$155 Million12-Dec
The BradfordCary, N.C.390The Connor GroupNorthwood Ravin, Northwestern Mutual Real Estate –$145 Million28-Nov

FINANCING

PropertyLocationType of FinancingNo. of UnitsLenderArranged ByBorrowerAmountDate Announced
18 India St.Brooklyn, N.Y.Construction850Bank of AmericaJLL Capital MarketsLendlease$360 Million20-Dec
Juniper St.Atlanta, Ga.Construction487Bank OZKEastdil Secured, BerkadiaMiddle Street Partners, AECOM-Canyon Partners$245 Million19-Dec
RENSeattle, Wash.Refinance457Otera Capital –Bosa Development$225 Million7-Dec
Anson at the LakesCharlotte, N.C.Refinance694Wells Fargo Bank –LivCor$210 Million12-Dec
Pleasant View GardensPiscataway, N.J.Refinance1,142Freddie MacNewPoint Real Estate CapitalCammeby’s International$207 Million21-Nov
BezelMiami, Fla.Refinance434The Moinian GroupGreystone, Cushman & WakefieldZOM$185 Million7-Dec

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

Read the February 2023 issue of MHN.

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