Transactions: March 2022

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

Jefferson Vista Canyon. Image courtesy of JPI


Property Location No. of Units Buyer Seller Notes/Rep. Value Date Announced
Barcroft Arlington, Va. 1,325 Jair Lynch Development Partners A private investor Hogan Lovells represented the buyer and Amazon Housing Equity Fund provided financing. $425 Million 29-December
Sahara and Playa Palms Gilbert, Ariz. 840 3rd Ave Investments Samuel Geltman & Co. $238 Million 21-December
Jefferson Vista Canyon Santa Clarita, Calif. 480 Harbor Group International, Azure Partners JPI JLL brokered the transaction. $230 Million 3-January
Sofi Ocean Hills Oceanside, Calif. 404 Pacific Urban Investors AIR Communities $196 Million 4-January
Solano at Miramar Miramar, Fla. 512 Brookfield Properties RangeWater Real Estate, Crow Holdings Newmark facilitated the sale. $188 Million 27-December
Dunwoody Village Dunwoody, Ga. 794 Bridge Investment Group Starwood Capital Group $183 Million 21-December


Property Location Type of Financing No. of Units Lender Arranged by Borrower / Notes Amount Date Announced
Fully Affordable Two-Property Portfolio Brooklyn, N.Y. Refinancing 1,922 New York City Housing Development Corp. L+M Development Partners, Settlement Housing Fund $440 Million  12-January
Wood Creek Pleasant Hill, Calif. Bond 482 Wilmington Trust Opportunity Housing Group, California Statewide Communities Development Authority $392 Million 28-December
Mixed-Use Portfolio including Hollingsworth Apartments Manhattan, N.Y. Refinancing 320 Blackstone Group Vanbarton Group $242 Million  7-January
2-33 50th Ave. Long Island City, N.Y. Construction 499 Wells Fargo Bank The Vorea Group, The Domain Cos. and L+M Development Partners $220 Million  7-January
Cortland Portofino Place West Palm Beach, Fla. Refinancing 812 KKR Cortland $171 Million 10-January
Highlands Nanuet Nanuet, N.Y. Acquisition 504 Signature Bank JLL Cammeby’s International $169 Million 29-December

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

Read the March 2022 issue of MHN.

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