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2026 The ApartmentBuildings.com 100
Transactions of the Year
- $1.625 Billion Camden Portfolio Deal Ranks Among Southern California’s Largest
- Aimco Sells Chicago Multifamily Portfolio for $455 Million
- Barings Sells Midtown West Rental Tower for $244 Million
- Blackstone, La Caisse Secure $3.15-Billion StuyTown Refinancing
- Equity Residential, AvalonBay Merge in $52 Billion Apartment REIT Deal
- Ethos Affiliate Acquires San Jose’s Ascent for $323 Million
- GO Residential-Led Consortium to Acquire H＆R in $6.7 Billion Deal
- Grant Cardone Fund Wins Court Approval for $235M Boca Raton Apartment Deal
- IMT Capital Obtains $625-Million Freddie Mac Refi
- JLL Capital Markets Structures $1.1-Billion National Apartment Portfolio Venture
- Kennedy Wilson Acquires Toll Brothers’ Apartment Platform for $347M
- Kennedy Wilson, Jamison Partner to Deliver 4,000 Affordable Units Across Los Angeles
- MG Properties Acquires Park 12 for $309 Million in San Diego
- Morgan Properties Acquires $501 Million Trilogy Multifamily Portfolio
- Oak Row, OKO and Mariposa Close $520-Million Brickell Land Deal
- Outpost, June Homes Merge to Create 4,000-Unit Co-Living Platform
- Sonida Completes $1.8-Billion Merger with CNL Healthcare Properties
- Sun Life Takes Full Control of BGO, Crescent; Buys Bell
- West Shore Closes $600 Million in Multifamily Financing and Acquisition Activities
- Winning Proposal Will Bring 3,600 Affordable Units as Part of $8-Billion St. Petersburg Mixed-Use
Barings Sells Midtown West Rental Tower for $244 Million
Barings sold its 44-story Riverbank to JPMorgan Asset Management for $243.5 million. The rental property is at 560 W. 43rd St. in Manhattan’s Midtown West submarket.
JLL represented seller Barings, procured the buyer and arranged $128.3 million in acquisition financing.
Originally developed in the late 1980s as a condominium project, Riverbank contains 418 rental units, offering residents proximity to nearly 19 million square feet of Class A office space at Hudson Yards and access to transportation, retail and entertainment amenities.
The property underwent a recent renovation and features balconies on most units, many with city and Hudson River views. Its amenities include a 5,000-square-foot resident lounge, swimming pool, fitness center, sauna, outdoor terrace and grilling areas.
JLL’s sales team included Jeffrey Julien, Rob Hinckley, Andrew Scandalios, Steven Rutman and Devon Warren. The debt advisory team included Kelly Gaines, Geoff Goldstein and Michael Shmuely.
These are some of the reasons why the Riverbank transaction was selected to receive ApartmentBuildings.com’s AB 100 Transaction of the Year Award, which recognizes those who demonstrate creativity, skill and success in the multifamily industry.