Transactions: November 2022

SALES

Property	Location	No. of Units	Buyer	Seller	Notes / Rep.	Value	Date Announced
Life Time Living at Gables Station	Coral Gables, Fla.	495	Hines Interests	NRI	–	$430 Million	30-Aug
Amalta Broken Sound	Boca Raton, Fla.	297	Lincoln Property Co.	Related Group, Rockpoint Group	Cushman & Wakefield represented the sellers.	$194 Million	9-Sep
Crystal Springs Terrace	San Bruno, Calif.	437	Prometheus Real Estate Group	Gerson Bakar & Associates	–	$188 Million	19-Sep
Arbour Commons at the Orchard Town Center	Westminster, Colo.	394	CORE Realty Holdings	McWhinney	–	$150 Million	20-Sep
Trillium	Spokane Valley, Wash.	559	Benedict Canyon Equities	A private investor	–	$145 Million	26-Aug
MAA LoSo	Charlotte, N.C.	344	The Mid-America Management	Crescent Communities	–	$140 Million	14-Sep

FINANCING

Property	Location	Type of Financing	No. of Units	Lender	Arranged By	Borrower	Amount	Date Announced
160 Water St.	New York, N.Y.	Construction	588	Brookfield Properties	Cushman & Wakefield	Vanbarton Group	$211 Million	30-Aug
Namdar Towers	Miami	Construction	1,354	Slate Property Group	Greystone Capital Advisors	Namdar Group	$195 Million	25-Aug
Amaya	Boston	Construction	475	Ullico	JLL	The HYM Investment Group, National Real Estate Advisors, Cathexis	$150 Million	19-Sep
Halstead Station	New Rochelle, N.Y.	Acquisition	412	Signature Bank	–	Khosla Properties, Pacific Urban Investors	$135 Million	31-Aug
The Hale	Washington, D.C.	Construction	500	Santander Bank	–	Carmel Partners	$115 Million	24-Aug
Biscayne Shores	Miami	Construction	380	Synovus Bank	–	Integra Investments	$101 Million	22-Aug

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

Read the November 2022 issue of MHN.