Transactions: June 2022

1 min read

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

140 Riverside Blvd. Image courtesy of CBRE

SALES

Property Location No. of Units Buyer Seller Notes/Rep. Value Date Announced
140 Riverside Blvd. New York, N.Y. 354 A&E Real Estate Holdings Equity Residential CBRE brokered the transaction. $266 Million 9-April
The Sophia at Abacoa Jupiter, Fla. 390 Berkshire Residential Investments Heitman $203 Million 6-April
The Vitagraph Brooklyn, N.Y. 302 The Dermot Co., Principal Real Estate Investors and PGGM Hampshire Properties JLL Capital Markets represented the seller. $180 Million 6-April
Lake Castleton Indianapolis 1,261 Pepper Pike Capital Partners Sterling Group Voya Financial financed the sale. $171 Million 1-April
AMLI Art District Denver 337 AMLI Residential Cypress Real Estate Advisors $155 Million 31-March
Jefferson Lake Howell Casselberry, Fla. 384 LaSalle Investment Management Jefferson Apartment Group $154 Million 31-March

FINANCING

Property Location Type of Financing No. of Units Lender Arranged by Borrower / Notes Amount Date Announced
ParkLine Miami Miami Acquisition 816 Aegon Harbor Group International, Cammeby’s International Group, AB Asset Management and Image Capital $305 Million 31-March
Skye Reserve Brandon, Fla. Acquisition 982 MF1 Berkadia ZMR Capital $207 Million 4-April
Linea Los Angeles Refinance 595 Landesbank Baden-Wurttemberg Carmel Partners, Pacific Coast Capital Partners $198 Million 29-March
NEMA Miami Miami Refinance 580 Blackstone Group Crescent Heights $179 Million 30-March
Gas Company Lofts Los Angeles Refinance 251 PNC Bank Essex Property Trust, State of Wisconsin Investment Board $160 Million 31-March
Glenn Gardens New York, N.Y. Refinance 266 KKR A&E Real Estate Holdings $138 Million 8-April

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

Read the June 2022 issue of MHN.

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