City: Minneapolis

Dwight Capital has provided $22.2 million of U.S. Department of Housing and Urban Development mortgage financing against Gramercy Park Cooperative at Lake Shore Drive, a 157-unit apartment property in the Minneapolis suburb of Richfield, Minn. Units at the 12-story building ...

Minneapolis/St. Paul Business Journal An affiliate of BPM & Co. has paid $26.8 million, or $128,230/room, for the 209-room Courtyard by Marriott Edina Bloomington hotel in suburban Minneapolis. The Ridgefield, Conn., investment company purchased the property from a venture of ...

Minneapolis/St. Paul Business Journal Raith Capital Partners has paid $17.5 million, or $89.74/sf, for a 195,000-square-foot warehouse in Maple Grove, Minn., about 16 miles from Minneapolis. The New York investor acquired the property, on 11.68 acres at 8775 Zachary Lane, ...

Minneapolis/St. Paul Business Journal Blackstone Group has paid $247 million, or $98.80/sf, for a portfolio of 22 industrial buildings with more than 2.5 million square feet throughout the Minneapolis/St. Paul, Minn., area. The New York investment manager purchased the portfolio ...

Minneapolis/St. Paul Business Journal Valerian LLC has proposed constructing a 112-unit apartment building at 801 Ninth St. SE in Minneapolis. The Edina, Minn., developer would demolish two warehouses that sit on the 4.95-acre development site to make way for the ...

Minneapolis/St. Paul Business Journal The Natural LLC has sold District 600, a 78-unit apartment property in Minneapolis, for $14.75 million, or $189,102/unit. The company, an affiliate of Michael Development Corp. of St. Paul, Minn., sold the six-story property to an ...

Commercial Real Estate Direct Staff Report The Hilton Minneapolis hotel, with 821 rooms in downtown Minneapolis, has been re-appraised at a value of $161.9 million. The 29-year-old property, which was acquired by a Walton Street Capital fund in 2016 for $143 ...

Minneapolis/St. Paul Business Journal Shafer Richardson Inc. is planning to build the 237-unit Raya Apartments in Richfield, Minn., about seven miles south of Minneapolis. The Minneapolis developer had purchased the project's development site, at 6300 and 6400 Richfield Parkway, earlier ...

Minneapolis/St. Paul Business Journal Sherman Associates is planning to develop West Broadway Curve, a 92-unit affordable-housing project in Minneapolis. The property, at 1706-1920 West Broadway Ave., will have a mix of apartment and townhome units that would be reserved for ...