Thursday, March 28, 2024

Tag: Minnesota

Minnesota is a midwestern U.S. state bordering Canada and Lake Superior, the largest of the Great Lakes.

Dock Street Flats

Sale of Minneapolis apartment community closes

JLL Capital Markets announced that it has closed the sale of Dock Street Flats, a 185-unit, 2013-built, luxury apartment community with 2,852 square feet...
Gaar Scott Historic Lofts

Historic Minneapolis multihousing community sells to national investor

JLL Capital Markets announced that it has closed the sale and arranged the acquisition financing of Gaar Scott Historic Lofts, located in the North...
Talus

Monument Capital Management acquires its eighth multifamily community in the Minneapolis area

Monument Capital Management, an A-Rod Corp company and one of the country’s premier fully integrated real estate investment firms, announces it has acquired Talus,...
Hampshire HIll Apartments

Mesa West Capital originates $85 million in first mortgage debt to finance the acquisition...

Mesa West Capital has provided Minneapolis-based multifamily investment firm Bader Diamond Funds (BDF) with $85 million in first mortgage debt for the acquisition of...
Beyond Apartments

Minnesota multihousing community sells for $65.158 million

JLL Capital Markets announced that it has closed the $65.158 million sale and arranged acquisition financing for Beyond Apartments, a 255-unit, mid-rise multihousing community...
Nolan Mains

$67 million in refinancing secured for a Minnesota multihousing community

JLL Capital Markets announced that it has arranged a $67 million refinancing for Nolan Mains, a 100-unit, mixed-used, mid-rise apartment community located in the...
Minnetonka Station

Debt and equity capitalization secured for 275-unit multihousing development in Minneapolis-St. Paul

JLL Capital Markets announced that it has arranged construction financing and secured equity for the development of Minnetonka Station, a 275-unit, Class A, transit-oriented...
Marquee

Sale of multihousing community in Minneapolis closes for $61.6 million

JLL Capital Markets announced that it has closed the $61.6 million sale of Marquee, a 231-unit, mid-rise multihousing community located in the Loring Park neighborhood...
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...

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