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