Transactions: January 2022

January 3, 2022

Midtown 64. Image courtesy of Security Properties

Property	Location	No. of Units	Buyer	Seller	Notes/Rep.	Value	Date Announced
The Boulevard	Woodland Hills, Calif.	340	Acacia Capital	Sares-Regis Group	–	$175 Million	8-November
The Avanti	Forestville, Md.	930	Dantes Partners, Jonathan Rose Cos.	Dragone Realty	CBRE arranged the sale.	$164 Million	16-November
Skye at McClintock Station	Tempe, Ariz.	423	AMC, JB Partners	Bascom Group	Prudential Financial provided financing.	$160 Million	25-October
Artesa Menifee Town Center	Menifee, Calif.	330	MG Properties Group	MBK Real Estate	–	$156 Million	29-October
Avalon Fort Lauderdale	Fort Lauderdale, Fla.	243	AvalonBay Communities	Ram Real Estate	–	$150 Million	27-October
Hanover North Broad	Philadelphia	339	UDR	The Hanover Co.	–	$147 Million	31-October

Property	Location	Type of Financing	No. of Units	Lender	Arranged by	Borrower / Notes	Amount	Date Announced
LaTerra Select Burbank	Burbank, Calif.	Construction	573	BMO Harris Bank	Eastdil Secured advised the borrowers.	LaTerra Development, QuadReal	$199 Million	25-October
Solitair Brickell	Miami	Acquisition	440	Athene USA	–	KKR	$138 Million	1-November
Centro at Davie by ARIUM	Davie, Fla.	Acquisition	494	JPMorgan Chase	–	Starwood Capital Group	$103 Million	9-November
Midtown 64	Kent, Wash.	Acquisition	365	Deutsche Bank	–	Security Properties, Rockwood Capital	$96 Million	20-October
Coastline	Virginia Beach, Va.	Acquisition	600	Arbor Realty Trust	–	Beitel Group	$94 Million	16-November
Waterford RiNo	Denver	Acquisition	301	Heitman	–	Sares-Regis Group	$91 Million	23-November