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Oaks Properties has paid $50.45 million, or $249,752/unit, for the Eddi, a 202-unit apartment property in Edina, Minn., about 11 miles south of Minneapolis. The Minneapolis management company acquired the property, at 4911 West 77th St., from its developers, a ...
Minneapolis/St. Paul Business Journal Oaks Properties has paid $50.45 million, or $249,752/unit, for the Eddi, a 202-unit apartment property in Edina, Minn., about 11 miles south of Minneapolis. The Minneapolis management company acquired the property, at 4911 West 77th St., ...
JLL also has secured Fannie Mae financing to facilitate the purchase.
Minneapolis/St. Paul Business Journal Phillips Edison & Co. has paid $69 million, or $347.23/sf, for Centennial Lakes Plaza, a 198,717-square-foot retail center in Edina, Minn. The Cincinnati REIT purchased the property from a limited liability company that shares an address ...
JLL Capital Markets has originated a $67 million Fannie Mae mortgage against Nolan Mains, a 100-unit apartment property in the Minneapolis suburb of Edina, Minn. The loan, written under Fannie's Delegated Underwriting and Servicing program, will be serviced by JLL ...
100 percent and 90 percent occupied, respectively.
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