City: Minneapolis

MidWestOne Bank has provided $39.12 million of financing to fund the construction of the 188-unit second phase of the Fox and the Grouse apartment property in the Minneapolis suburb of Eden Prairie, Minn. The three-year loan was arranged by JLL ...

Commercial Real Estate Direct Staff Report Centerspace is close to selling 12 apartment properties with a total of 1,511 units in Minnesota. The Minot, N.D., REIT expects the sale of its five St. Cloud, Minn., properties, which have 832 units, ...

Commercial Real Estate Direct Staff Report KPR Centers has acquired the Shoppes at Knollwood, a 451,700-square-foot retail center in St. Louis Park, Minn., a suburb of Minneapolis. The purchase price could not be learned immediately. Hennepin County assessed the property ...

Minneapolis/St. Paul Business Journal An affiliate of Red Tail Acquisitions has paid $23.75 million, or $194,672/unit, for the Sora, a 122-unit apartment property in Minneapolis. The Irvine, Calif., company purchased the property, at 600 South 5th Ave., from an affiliate ...

Minneapolis/St. Paul Business Journal An affiliate of Waterton has paid $111.5 million, or $301,351/unit, for 365 Nicollet, a 370-unit apartment building in Minneapolis. The Chicago investment manager acquired the property, at 365 Nicollet Mall, from its developer, Opus Group of ...

Minneapolis/St. Paul Business Journal RPM Living has paid $103.25 million, or $310,993/unit, for Beach Club Residences, a 332-unit apartment property in Minneapolis. The Austin, Texas, developer purchased it from Apartment Income REIT, which was acquired by Blackstone last year. The property, ...

The Minneapolis/St. Paul office market saw an improvement during the first quarter, when its vacancy rate declined to 28.9% from 29.3% in the fourth quarter, according to Cushman & Wakefield.