Transactions: October 2022

SALES

Property	Location	No. of Units	Buyer	Seller	Notes / Rep.	Value	Date Announced
Altis Miramar and Altra Miramar	Miramar, Fla.	650	AvalonBay Communities	Rockpoint Group, Altman Cos.	–	$295 Million	1-Aug
Santa Rosalia/Santo Tomas	Los Angeles	669	Avanath Capital Management, Los Angeles Housing Authority, Kaiser Permanente	Upside Investments	Northmarq arranged the sale.	$220 Million	12-Aug
Metro Thirty Six Ten	Riverside, Calif.	304	Silver Star Real Estate	LivCor	–	$204 Million	15-Aug
Eleanor	Milpitas, Calif.	333	MG Properties Group	SummerHill Apartment Communities, The Resmark Cos., Kennedy Wilson	Institutional Property Advisors represented the sellers.	$193 Million	28-Jul
Miro Brickell	Miami	372	Harbor Group International	Clarion Partners	–	$185 Million	26-Jul
Heritage at Merrimack	Manchester, N.H.	640	Priderock Capital Partners	DSF Group	–	$165 Million	9-Aug

FINANCING

Property	Location	Type of Financing	No. of Units	Lender	Arranged By	Borrower	Amount	Date Announced
160 Riverside Blvd.	New York, N.Y.	Acquisition	455	Square Mile Capital Management	–	A&E Real Estate Holdings	$286 Million	4-Aug
The Platform Urban	San Jose, Calif.	Acquisition	551	TPG Capital	Eastdil Secured	MG Properties Group, Oaktree Capital Management	$245 Million	28-Jul
Avalon Green	Elmsford, N.Y.	Acquisition	617	Signature Bank	–	Harbor Group International, Azure Partners	$210 Million	5-Aug
Avalon Bloomfield Station	Bloomfield, N.J.	Acquisition	224	Bank of America	–	DRA  Advisors	$188 Million	22-Jul
The Q Playa	Los Angeles	Acquisition	376	Morgan Stanley	–	Deels Properties	$173 Million	22-Jul
Rachel Gardens	Pine Brook, N.J.	Refinance	764	Freddie Mac	NewPoint Real Estate Capital	Cammeby’s International	$149 Million	11-Aug

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

Read the October 2022 issue of MHN.