Saturday, October 1, 2022
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City: Bloomington

Hampshire Hill apartment property

Bader Diamond, of Minneapolis, purchased the property, at 10660 Hampshire Ave., from Redwood Capital Group as part of a tax-deferred exchange. Redwood was represented by CBRE in the transaction, while Colliers International arranged the financing.

Hampshire Hill

Bader Development has paid $107 million, or $200,374/unit, for Hampshire Hill, a 534-unit apartment property in Bloomington, Minn., about 15 miles south Minneapolis. The St. Louis Park, Minn., developer purchased the property as part of a 1031, tax-deferred exchange from ...

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