Affordable Housing - Minneapolis-St. Paul
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Aeon to Develop New Affordable Housing in Twin Cities
The nonprofit plans to build Greenway Terrace Apartments, a 54-unit community in Ramsey, Minn. The grand opening is expected in late 2018.
05 December 2017 13:48 -
Dominium Completes Renovations on MN Affordable Asset
The company invested $9 million on interior, exterior and common-area upgrades to the 176-unit Park Haven.
27 November 2017 18:08 -
Dougherty Closes $34M Loan for Affordable MN Development
Named 1500 Nicollet, the planned 183-unit community in Minneapolis will include 5,500 square feet of retail space.
20 November 2017 14:14 -
Twin Cities Affordable Housing Portfolio Sells for $77M
Investors Aeon, the NOAH Impact Fund and Enterprise Community Investment purchased the 10 properties. The apartments will continue to welcome low-income renters.
01 November 2017 15:39 -
Dougherty Mortgage Closes $32M Loan for MN Community
The financing will be used to build Union Flats, a 217-unit affordable housing property in St. Paul. The community will be built on a site currently occupied by the Hunt Electric Corp. building.
02 October 2017 15:04 -
JV Lands $40M Twin Cities Affordable Community
Aeon and The Community Development Trust purchased Seasons Park Apartments, a 422-unit community in Richfield, Minn. The transaction marks Aeon’s largest acquisition and the second-largest investment for CDT.
25 September 2017 16:58 -
St. Paul Eyes 135-Acre Urban Village
A rezoning plan calls for as many as 4,000 residential units on a site owned by Ford, which is expected to be put on the market by early 2018.
01 August 2017 14:32 -
Residential Project Reclaims Storm-Tossed Neighborhood
An investor from St. Paul, Minn. is attempting to revitalize a damaged North Minneapolis building.
15 October 2015 17:25 -
Minneapolis Becomes a Little More Affordable
A brand new affordable housing community has been added to the north Minneapolis skyline.
18 June 2015 01:57 -
Ending Homelessness in Minneapolis, One Apartment Building at a Time
Homelessness is an issue that U.S. officials have been struggling with for many years; an issue that affects every sector of our communities.
11 June 2015 13:16 -
266 New Apartments Planned for Downtown St. Paul
Sherman Associates of Minneapolis is moving forward with a $50 million multifamily development adjacent to its West Side Flats near downtown St. Paul, the Star Tribune reports.
06 May 2015 03:48 -
AFL-CIO Housing Investment Trust Provides $33M for 259-Unit Apartment Complex
The AFL-CIO Housing Investment Trust recently announced it has provided $33 million in pension capital funding for the construction of Five 15 on the Park, an apartment complex in Minneapolis.
07 April 2014 14:52 -
Riverside Plaza Earns National Trust/HUD Secretary’s Award for Excellence in Historic Preservation
The historic housing development in Minneapolis, Riverside Plaza, has earned the 2013 National Trust/HUD Secretary’s Award of Excellence in Historic Preservation.
12 November 2013 06:29 -
Twin Cities Multi-Family Projects Proliferate
By Gabriel Circiog, Associate Editor The Twin Cities region is in a full-on apartment development boom. Two new apartment complexes have been completed and already have their first residents, while local developer Michael Lander plans three apartment projects, Finance & Commerce [...]
08 December 2011 03:57