David Simon Passes Away After Battle with Cancer
March 23, 2026
CREFC’s Lisa Pendergast Retiring in August
March 20, 2026
Brookfield Revives GGP Name for Malls
January 7, 2026
State: Minnesota - MN
Owner of Minneapolis-Area Apartment Property Secures $39.5Mln Freddie Loan
Multi-Housing News JPL Development has lined up $39.5 million of Freddie Mac financing against Edison at Woodbury, a 207-unit apartment property in Woodbury, Minn., an eastern suburb of Minneapolis. Gantry arranged the 10-year loan. It pays a fixed rate and ...
Gateway I & II
Founders Properties has paid $26.4 million, or $155.61/sf, for Gateway I & II, a 169,656-square-foot industrial property in the Minneapolis suburb of Eagan, Minn. The Eden Prairie, Minn., investment manager acquired the property, at 500 Lone Oak Road, from an ...
River Tech Workplace
A venture led by Terrace Group has paid $29.63 million, or $109.73/sf, for the 270,022-square-foot River Tech Workplace industrial-flex property in Fridley, Minn., a northern suburb of Minneapolis. Terrace, of St. Paul, Minn., along with equity partner Midloch Investment Partners ...
Minneapolis-Area Retail Center Sells for $27.65Mln
Minneapolis/St. Paul Business Journal Phillips Edison & Co. Inc. has paid $27.65 million, or $242.54/sf, for Prairieview Center, a 114,000-square-foot retail property in Eden Prairie, Minn. The Cincinnati REIT acquired the shopping center from United Properties of Minneapolis. Prairieview Center ...
Moody’s Downgrades Most-Senior Class of CMBS Deal Holding Hilton Minneapolis to Junk
Commercial Real Estate Direct Staff Report Moody's Ratings estimates the value of the Hilton Minneapolis hotel at only $89.11 million, contributing to its decision to downgrade three classes of a CMBS deal it rates that holds a $180 million mortgage ...
Minneapolis-Area Industrial Property Fetches $26.5Mln
REJournals.com Founders Properties has paid $26.4 million, or $155.61/sf, for Gateway I & II, a 169,656-square-foot industrial property in the Minneapolis suburb of Eagan, Minn. The Eden Prairie, Minn., investment manager acquired the property, at 500 Lone Oak Road, from ...
Legends at Silver Lake Village
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, ...
Office, Industrial Property Near Minneapolis Sells for $29.63Mln
Commercial Real Estate Direct Staff Report A venture led by Terrace Group has paid $29.63 million, or $109.73/sf, for the 270,022-square-foot River Tech Workplace industrial-flex property in Fridley, Minn., a northern suburb of Minneapolis. Terrace, of St. Paul, Minn., along ...
Rosemount Senior Living at Steeple Center
Vincent Cos. has paid $24 million, or $260,869/unit, for Rosemount Senior Living at Steeple Center, a 92-unit seniors housing property in Rosemount, Minn., a southern suburb of Minneapolis. The Eden Prairie, Minn., investment firm acquired the property from an affiliate ...
United Properties Breaks Ground on Age-Restricted Apartments Near Minneapolis
REJournals.com United Properties has broken ground on Amira Corcoran, an age-restricted apartment property with 143 units in Corcoran, Minn. The Minneapolis developer is building the property at 7330 Brockton Lane North, about 20 miles northwest of Minneapolis. Amira Corcoran will ...
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Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
