An affiliate of LaSalle Investment Management has paid $59 million for two age-restricted apartment properties with a combined 299 units in suburban Minneapolis. The Chicago investment manager acquired the properties from an affiliate of Dominium Apartments. It paid $33 million, ...
Minneapolis/St. Paul Business Journal An affiliate of LaSalle Investment Management has paid $59 million for two age-restricted apartment properties with a combined 299 units in suburban Minneapolis. The Chicago investment manager acquired the properties from an affiliate of Dominium Apartments. ...
Equinox is encumbered by a $26.7 million Freddie Mac loan that's securitized through FREMF, 2020-KF87. The loan pays a coupon pegged to Libor plus 286 basis points and is subject to a 1 percent prepayment penalty if paid off before ...
Minneapolis/St. Paul Business Journal DRA Advisors has paid $43.8 million, or $164,661/unit, for Equinox, a 266-unit apartment property in St. Anthony, Minn. The New York investment manager bought the property from Laramar Group of Denver, which had paid $31.2 million ...
94 percent leased. The buyer will assume a restructured $20 million loan with a seven-year term.
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