Transactions: September 2022

1 min read

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

Soleste Grand Central. Image courtesy of Avanti Residential

SALES

Property Location No. of Units Buyer Seller Notes / Rep. Value Date Announced
160 Riverside Blvd. New York, N.Y. 455 A&E Real Estate Holdings Equity Residential CBRE arranged the sale. $415 Million 19-Jul
Uplund at Totem Lake Kirkland, Wash. 409 GID American Capital Group, Artemis Real Estate CBRE represented the sellers. $242 Million 8-Jul
The Overlook at Lakemont Bellevue, Wash. 400 Acacia Capital Corp. Security Properties Berkadia Institutional Solutions worked on behalf of both parties. $204 Million 30-Jun
Soleste Grand Central Miami 360 Avanti Residential The Estate Cos. Walker & Dunlop arranged the transaction. $181 Million 5-Jul
Hilands Tucson, Ariz. 826 Bridge Investment Group Northland Investment Corp. Institutional Property Advisors brokered the sale. $178 Million 5-Jul
Willard Towers Chevy Chase, Md. 525 AIR Communities Dweck Properties $176 Million 28-Jun

FINANCING

Property Location Type of Financing No. of Units Lender Arranged By Borrower Amount Date Announced
Multi-state Portfolio National Refinance 3,001 Wells Fargo Bank LivCor $832 Million 23-Jun
Miro San Jose, Calif. Construction 627 Pacific Life Insurance Co. Bayview Development Group $345 Million 12-Jul
The Delmar Tampa, Fla. Acquisition 689 ACORE Capital Lurin Capital $180 Million 22-Jun
The Ellis Charlotte, N.C. Refinance 549 Metropolitan Life Insurance Co. Lennar Multifamily Communities $160 Million 5-Jul
Miami World Tower Miami Construction 565 Bank of New York Mellon Lalezarian Properties $150 Million 27-Jun
Skywater at Town Lake Tempe, Ariz. Acquisition 328 Mesa West Capital CBRE KB Investment Development $108 Million 1-Jul

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

Read the September 2022 issue of MHN.

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