City: Minneapolis

Northmarq has originated a $34.3 million Fannie Mae loan against Acclaim of Woodbury, a 109-unit apartment property in Woodbury, Minn., about 23 miles east of Minneapolis. The five-year loan pays a fixed-rate coupon and requires only interest payments for its ...

Minneapolis, Atlanta, and Boston are the best cities in which to live for Generation Z—those born between 1997 and 2012—based on a recent ranking compiled by Commercial Café. Affordability and employment opportunities were the biggest factors.

Commercial Real Estate Direct Staff Report Hegenes Properties Inc. has paid $58.05 million, or $200,172/unit, for the 290-unit Bristol Village apartment property in the Minneapolis suburb of Bloomington, Minn. The Eden Prairie, Minn., property manager acquired the complex from an ...

Minneapolis/St. Paul Business Journal A venture of Bader Development and Ebert Cos. is planning to build a 181-unit apartment property at 21601 John Deere Lane in Rogers, Minn., which is 23 miles north of Minneapolis. Bader, of St. Louis Park, ...

PNC Bank has provided $50 million of mortgage financing against the 237-unit first phase of the Fox and the Grouse apartment property in the Minneapolis suburb of Eden Prairie, Minn. JLL Capital Markets arranged the five-year loan on behalf of ...

Minneapolis/St. Paul Business Journal An affiliate of Syndicated Equities has paid $23 million, or $234.70/sf, for the 98,000-square-foot office building at 10900 Red Circle Drive in Minnetonka, Minn., about 14 miles southwest of Minneapolis. The Chicago firm acquired it from ...

REBusiness Online A venture of Lupe Development and Wall Cos. has broken ground on Snelling Yards, a 95-unit apartment property in Minneapolis. Lupe, of Roseville, Minn., and Wall, of Minneapolis, are building the property at 3601 East 44th St., about ...

Minneapolis/St. Paul Business Journal SPS Commerce Inc. has agreed to renew its 200,000-square-foot office lease at its namesake SPS Tower in Minneapolis. The software manufacturer, which has been a tenant at the building for the past 20 years, extended its ...

Minneapolis/St. Paul Business Journal An affiliate of Abacus Capital Group has paid $63 million, or $157,894/unit, for the 399-unit Meridian Point Apartments in Burnsville, Minn. The New York investment firm acquired the property, at 251 McAndrews Road West, from an ...