David Simon Passes Away After Battle with Cancer
March 23, 2026
CREFC’s Lisa Pendergast Retiring in August
March 20, 2026
Brookfield Revives GGP Name for Malls
January 7, 2026
City: Bloomington
Minn. Apartments Sell for $46.5Mln
Commercial Real Estate Direct Staff Report Westdale Investment Partners has paid $46.5 million for Hampshire Hill Apartments, a 534-unit complex in Bloomington, Minn. The Chicago investment firm, which was previously known as Redwood Capital Partners, bought the 24-year-old property, at ...
Hampshire Hill Apartments/10560 Hampshire Ave.
Westdale financed its purchase with $35.6 million of financing under Fannie Mae's Delegated Underwriting and Servicing program that was written by Pillar Multifamily. The loan has a seven-year term and amortizes over a 30-year schedule.
Ground to Break Next Year on Minn. Mixed-Use Project
Minneapolis/St. Paul Business JournalDevelopers United Properties and StuartCo are breaking ground in May on a mixed-use project in the Minneapolis suburb of Bloomington, Minn. The project's $50 million first phase will include a 152-unit apartment building, a four-story apartment building ...
Bloomington, Minn., Hotel Sold for $18Mln
Minneapolis/St. Paul Business JournalChatham Lodging Trust has paid $18.5 million for a 144-room hotel in Bloomington, Minn. The Palm Beach, Fla., REIT picked up the Homewood Suites by Hilton Minneapolis-Mall of America as part of its $73.5 million acquisition of ...
IRS Property in Bloomington, Ill., on Sales Block for $18.5Mln
By Jeff Mordock, Commercial Real Estate Staff Writer Archway Development is offering for sale 1201 N. Mitsubishi Motorway, a 134,000-square-foot industrial building in Bloomington, Ill. The Greenwood Village, Colo., builder has tapped the Chicago office of Cushman & Wakefield to ...
International Village Apartments/201 W. 96th St.
98 percent leased.
One Marketplace
Fully leased.
Millennium/ 1200 Rolling Ridge Way
ASB Capital and Scion funded the acquisition by assuming $33 million of mortgage debt that carries a fixed-rate of 6.56 percent.
Welsh to Build New Corporate Headquarters in Suburban Minneapolis
Minneapolis/St. Paul Business Journal Welsh Construction will build a new corporate headquarters in the Minneapolis suburb of Minnetonka, Minn. The firm, which is currently headquartered in Bloomington, Minn., will occupy more than half of a new 100,000-square-foot building located on ...
About
Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
