Minneapolis/St Paul Business Journal Sherman Associates has secured $1365 million of financing for the development of a 349-unit multifamily and seniors-housing project in downtown Rochester, Minn The Minneapolis developer is building the project at...
Minneapolis/St Paul Business Journal Enverra Real Estate Partners has paid $839 million, or $16350/sf, for four buildings totaling 513,000 square feet at the West End Office Park in St Louis Park, Minn The Dallas investment firm acquired the...
Multi-Housing News The NRP Group has broken ground on Stone Ridge at High Street, a 150-unit apartment property in Columbus, Ohio The Cleveland developer is constructing the property at 45 West Barthman Ave, about three miles south of downtown...
Crain’s Chicago Business A venture of RPM Living and New York Life’s real estate investment arm has paid $99 million, or $335,593/unit, for the 295-unit Everly at Yorktown Apartments in the Chicago suburb of Lombard, Ill RPM, of Austin,...
Louisville Business First An affiliate of Enfield Capital Partners has paid $59 million, or $139,150/unit, for the 424-unit East Chase Apartments in Louisville, Ky The Lincolnwood, Ill, investment firm acquired the property from Sentinel Real Estate...
Minneapolis/St Paul Business Journal ExchangeRight Real Estate has paid $948 million, or $12648/sf, for the 749,550-square-foot industrial property at 9800 217th St West in Lakeville, Minn, about 29 miles south of Minneapolis The Pasadena, Calif,...
Crain’s Chicago Business Digital Realty Trust is set to pay $90 million for the 108-acre Hawthorne Race Course at 3501 South Laramie Ave in Stickney, Ill, about nine miles southwest of Chicago The Austin, Texas, data-center operator is...
Minneapolis/St Paul Business Journal Bigos Management has paid $355 million, or $298,300/unit, for the 119-unit Flats at West End in St Louis Park, Minn, about five miles west of Minneapolis The Golden Valley, Minn, investor acquired the property,...
Multi-Housing News Nimes Real Estate has lined up a $229 million Fannie Mae for its purchase of the Hilliard Pointe Apartments, a 218-unit property in Hilliard, Ohio, about 11 miles northwest of Columbus, Ohio Newmark arranged the five-year loan...
Multi-Housing News Commonwealth Development Partners has started work on an office-to-apartment conversion project at 500 North Michigan Ave in Chicago The Greenwich, Conn, development firm is turning the 400,000-square-foot property into 320 units...
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