Tag: Minnesota

Red44

$34 million multihousing community in Rochester Minnesota sets record

JLL Capital Markets announced that it has closed the $34 million sale of Red44, a 159-unit multihousing community in Rochester, Minnesota.  JLL marketed the property...
Shady Oak

PCCP, LLC and Doran Companies form joint venture for the development of a Class...

A joint venture of PCCP, LLC and Doran Companies announced it will develop a class A, 350-unit multifamily project located on 5.15 acres at...
The Cielo Apartments

New multihousing community near Minneapolis sells for $59 million

JLL Capital Markets announced that it has closed the $59 million sale of and arranged $44.25 million in acquisition financing for The Cielo Apartments,...
Normandale Lake Estates

Apartments adjacent to the Normandale Office Park sell for $16.45 million

JLL Capital Markets announced it closed the $16.45 million sale of Normandale Lake Estates, a 105-unit multihousing property located in Bloomington, Minnesota. JLL worked on...
Phoenix Apartments

$26.1 million sale of Phoenix apartments in St. Paul’s Battle Creek Neighborhood

JLL Capital Markets announced it closed the $26.1 million sale of the Phoenix Apartments, a 216-unit recently updated multihousing property located in the Battle...
Cottages of Cottage Grove

Townhomes in Cottage Grove, MN purchased

JLL Capital Markets announced it closed the sale and arranged new agency financing for the Cottages of Cottage Grove, a 59-unit multihousing community located...
Lake Jonathan Flats

Lake Jonathan Flats in growing Minnesota submarket purchased for $30 million

JLL Capital Markets announced it has closed the $30 million sale for Lake Jonathan Flats, a multihousing property totaling 117 units and located in...

Good times as normal returns

Renters were flocking to new apartment buildings in downtowns across the Midwest, often filling these spaces before construction even wrapped. Renters by choice—both young...
Regency Hill Apartments

38-unit Regency Hill Apartments in Woodbury fetches $230,000 per unit

JLL Capital Markets announced it handled the $8.725 million sale of the 38-unit Regency Hill Apartments located in Woodbury, Minnesota, part of the Minneapolis-Saint...
Estates at Arbor Oaks

55+ housing community near Minneapolis sold for $18.75 million

JLL Capital Markets announced that it handled the $18.75 million sale of The Estates at Arbor Oaks, an Active Adult 55+ Community near Minneapolis,...
Mills Creek

Joint Venture of PCCP, LLC and the Excelsior Group, LLC acquires Mills Creek, a...

A joint venture of PCCP, LLC and The Excelsior Group, LLC has acquired Mills Creek, a Class A, newly constructed, 66-unit, single-family rental community...
Greysolon Plaza

Affordable housing community in Minnesota trades for $17.45 million

JLL Capital Markets announced that it has closed the $17.45 million sale of Greysolon Plaza, a 150-unit affordable housing community located in downtown Duluth,...
NOVO

JLL arranges equity for multihousing project near Twin Cities

JLL Capital Markets announced that it has arranged equity for the development of NOVO, a 192-unit multihousing complex located in the Twin Cities’ suburb...
Rayette Lofts

JLL closes sale of Rayette Lofts in St. Paul, Minnesota

JLL Capital Markets announced that it has closed the sale of Rayette Lofts, an 88-unit, mid-rise adaptive reuse residential and retail property located in...
Eitel Apartments

JLL completes sale of Minneapolis apartments

JLL Capital Markets announced that it has closed the sale of Eitel Apartments, a 212-home, mid-rise apartment property overlooking Loring Park in downtown Minneapolis,...

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