REBusiness Online Sherman Associates has opened the Moment, a 222-unit apartment property in downtown Minneapolis. The local developer broke ground on the $66 million project, at 650 Portland Ave., in May 2021. The Moment has studio, one- and two-bedroom units ...
The deal includes properties next to the resort along the Intracoastal Waterway that the venture plans to develop. According to a report in The Real Deal, the venture brought in Related Group and BH Group of Aventura, Fla., as partners. During the ...
An affiliate of SR Realty Trust Inc. has paid $25 million, or $69.44/sf, for the 360,000-square-foot industrial property at 905 Yankee Doodle Road in Eagan, Minn. The Minneapolis REIT purchased the property from Murphy Logistics, which had acquired it in ...
Minneapolis/St. Paul Business Journal An affiliate of SR Realty Trust Inc. has paid $25 million, or $69.44/sf, for the 360,000-square-foot industrial property at 905 Yankee Doodle Road in Eagan, Minn. The Minneapolis REIT purchased the property from Murphy Logistics, which ...
Merchants Bank of Indiana has provided a $33 million senior loan and $16.6 million of equity bridge financing to fund the construction of Soul, a 178-unit apartment property proposed for St. Paul, Minn. The financing was arranged by Merchants Capital, ...
Biynah Industrial Partners has acquired seven industrial buildings totaling 376,218 square feet in Roseville, Oakdale and Woodbury, Minn. The Minneapolis investment manager paid $38.2 million, or $101.54/sf, for the properties, according to a report in the Minneapolis/St. Paul Business Journal. ...
Minneapolis/St. Paul Business Journal FPA Multifamily has paid $32.8 million, or $153,990/unit, for the 213-unit Tealwood Apartment Homes in Bloomington, Minn. The San Francisco investment manager purchased the property from Belgarde Property Services Inc. The Tealwood, at 9900 Briar Road, ...
Minneapolis/St. Paul Business Journal Roers Cos. has received approvals to construct the Blakeley, a 205-unit apartment property in Shakopee, Minn. The Minnetonka, Minn., developer is planning to break ground on the property in spring 2023. The four-story property, at 1600 ...
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