Transactions: March 2021

March 4, 2021

Vue 22. Image courtesy of MG Properties Group

Property	Location	No. of Units	Buyer	Seller	Notes/Rep.	Value	Date Announced
Denver and Oregon Portfolio	Denver, Portland, Ore., Lake Oswego, Ore.	938	Security Properties, Rockwood Capital	Multi-Employer Property Trust	–	$405 Million	14-Dec.
Vantage Pointe	San Diego	679	Brookfield Properties	Equity Residential	Walker & Dunlop provided Freddie Mac acquisition financing.	$312.5 Million	28-Dec.
One Union Square South	Manhattan	240	Raghsa	Related Cos.	Meridian Capital Group brokered the sale and arranged Fannie Mae financing.	$211.4 Million	19-Nov.
Vue 22	Bellevue, Wash.	451	MG Properties Group	Kennedy Wilson	JLL represented the seller and arranged financing.	$191 Million	8-Dec.
Emera Port Royale	Fort Lauderdale, Fla.	555	Northwestern Mutual	Mill Creek Residential Trust, Invesco	–	$180 Million	25-Nov.
Notting Hill	Atlanta	709	LivCor	JRK Property Holdings	CBRE arranged the transaction.	$179 Million	24-Nov.

Property	Location	Type of Financing	No. of Units	Lender	Arranged by	Borrower / Notes	Amount	Date Announced
420 Kent Avenue	Brooklyn	Refinance	605	Citibank	–	Spitzer Enterprises	$298 Million	10-Nov.
THEA at Metropolis	Los Angeles	Refinance	685	Athene USA	–	Greenland Group	$250 Million	2-Dec.
Meridian at Mount Vernon Triangle	Washington, D.C.	Refinance	783	Freddie Mac	Berkadia Commercial Mortgage	Paradigm Development	$250 Million	2-Nov.
1331	Washington, D.C.	Refinance	373	Square Mile Capital Management	–	Republic Family of Cos.	$170.3 Million	23-Dec.
Newport Ridge	Newport Beach, Calif.	Refinance	512	Fannie Mae	Capital One	Irvine Co.	$166.8 Million	4-Dec.
1252 Boylston Street	Boston	Construction	451	Madison Realty Capital	–	Scape	$165 Million	2-Nov.