Transactions: November 2020

November 5, 2020

City Club Apartments. Image courtesy of Asia Capital Real Estate

Property	Location	No. of Units	Buyer	Seller	Notes/Rep.	Value	Date Announced
Pembrooke on the Green	Aurora, Colo.	959	Bridge Investment Group	Oak Coast Properties	Newmark Knight Frank represented the seller.	$163 Million	14-Sept.
Modera First Hill	Seattle	288	Global Asset Capital	Mill Creek Residential Trust	–	$125 Million	10-Sept.
Broadstone Lowry	Denver	300	The Connor Group	Alliance Residential Co.	Associated Bank provided acquisition financing.	$105 Million	8-Sept.
Arcadia Cove	Phoenix	432	Priderock Capital Partners	Investcorp	KeyBank provided acquisition financing through Freddie Mac.	$98.5 Million	16-Sept.
Liv North Valley	Phoenix	385	Praedium Group	Liv Communities	–	$90 Million	1-Sept.
One Hampton Lake	Bluffton, S.C.	300	PASSCO Real Estate	Southeastern Development Associates	KeyBank provided acquisition financing through Fannie Mae.	$78 Million	10-Sept.

Property	Location	Type of Financing	No. of Units	Lender	Arranged by	Borrower / Notes	Amount	Date Announced
One East River Place	Manhattan	Refinance	415	Freddie Mac/Walker & Dunlop	–	Solow Residential	$186.5 Million	17-Sept.
265 E. 66th St.	Manhattan	Refinance	333	Freddie Mac/Walker & Dunlop	–	Solow Residential	$148 Million	11-Sept.
Port Royale	Fort Lauderale, Fla.	Acquisition	553	Fannie Mae/CBRE	–	Cardone Capital	$79.2 Million	10-Sept.
Channelside District Residential Tower	Tampa, Fla.	Construction	324	Cadence Bank	–	Daniel Corp.	$68.9 Million	8-Sept.
City Club Apartments – CBD Cincinnati	Cincinnati	Refinance	294	Asia Capital Real Estate	Draper & Kramer	City Club Apartments	$68.5 Million	11-Sept.
Avana SoCo	Austin, Texas	Acquisition	528	Freddie Mac/Newmark Knight Frank	–	Greystar	$62.1 Million	1-Sept.