Transactions: May 2023

SALES

Property	Location	No. of Units	Buyer	Seller	Notes / Rep.	Value	Date Announced
Vue West	Denver, Colo.	310	Sequoia Equities	Crescent Real Estate	JLL facilitated the sale.	$124 Million	28-Feb
Bridge at Henley	Austin, Texas	368	Housing Authority of the City of Austin	Treeline Partners	–	$106 Million	28-Feb
Lennox	Avondale, Ariz.	408	Knightvest Capital	Eaton Vance Investment Managers	–	$103 Million	17-Mar
Ironwood at Happy Valley	Phoenix, Ariz.	296	Hamilton Zanze & Co.	Continental Properties – Menomonee Falls, WI	Walker & Dunlop arranged the transaction.	$90 Million	3-Mar
Riverland	Fort Lauderdale, Fla.	276	Stratford Management, Eastham Capital	The Shidler Group	–	$84 Million	2-Mar
Plant 64	Winston-Salem, N.C.	242	TriBridge Residential	Pennrose Properties, C.A. Harrison Cos.	–	$84 Million	9-Mar

FINANCING

Property	Location	Type of Financing	No. of Units	Lender	Arranged By	Borrower	Amount	Date Announced
The Biltmore	New York, N.Y.	Refinance	464	Square Mile Capital, Clarion Partners	Newmark	GreenOak Real Estate, Slate Property Group	$248 Million	17-Mar
The Standard	Berkeley, Calif.	Refinance	122	Credit Agricole Corporate & Investment Bank		Landmark Properties	$200 Million	23-Feb
44-01 Northern Blvd.	Long Island City, N.Y.	Construction	354	Banco Inbursa		Cantor Fitzgerald, Silverstein Properties	$165 Million	22-Feb
Villas at Tuttle Royale	Royal Palm Beach, Fla.	Construction	401	S3 Capital	Concord Summit Capital	The Lynd Co., Tuttle Land Investments	$126 Million	9-Mar
Center Blvd at Hunter’s Point South	Long Island City, N.Y.	Construction	394	HUD		TF Cornerstone	$124 Million	28-Feb
TGM Bay Isle	St. Petersburg, Fla.	CMBS	582	Fannie Mae	Walker & Dunlop	TGM Associates	$87 Million	1-Mar

To have your transaction featured, submit details to Agota Felhazi at agota.felhazi@yardi.com.

Read the May 2023 issue of MHN.