Transactions: June 2021

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

The Wyatt. Image courtesy of Mission Rock Residential

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SALES

Property Location No. of Units Buyer Seller Notes/Rep. Value Date Announced
Alexan 20th Street Station Denver 354 Blackstone Group Trammell Crow Residential $130 Million 8-Apr.
Creekwood Hayward, Calif. 309 Catalyst Housing Group, California Community Housing Agency Bridge Investment Group Wilmington Trust provided financing. $128.7 Million 31-Mar.
The Wyatt Fort Collins, Colo. 368 Hamilton Zanze & Co. Nevada West Development Berkadia provided financing. $110 Million 30-Mar.
Lake Village North Garland, Texas 848 S2 Residential Madera Cos. NorthMarq brokered the sale. $104.8 Million 2-Apr.
The Park at Hoover Hoover, Ala. 1,060 Westside Capital Group Crescent Real Estate Berkadia represented the seller and provided financing. $100.8 Million 26-Mar.

FINANCING

Property Location Type of Financing No. of Units Lender Arranged by Borrower / Notes Amount Date Announced
The Brooklyn @9669 Dallas Acquisition 1,487 Voya Financial WindMass Capital $120 Million 25-Mar.
Oceanaire Long Beach, Calif. Bonds 216 California Statewide Communities Development Authority Wilmington Trust is the trustee. Lennar Multifamily Communities $105.7 Million 25-Mar.
The Dunbar Manhattan Refinancing 536 Berkshire Group Fairstead $86 Million 9-Mar.
101 Park Place Stamford, Conn. Acquisition 336 Freddie Mac Greystone originated the loan. AJH Management $85.9 Million 1-Mar.
The Whit Indianapolis Refinancing 334 CIM Group TWG Development $83 Million 2-Mar.

To have your transaction featured, submit details to Jeff Hamann at [email protected]

Read the June 2021 issue of MHN.