Finance & Investment - Minneapolis-St. Paul
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Marcus & Millichap Brokers Sale of MN Asset
Led by Michael Glass, regional manager of the firm’s Minneapolis office, Evan Miller, Mox Gunderson, Dan Linnell and Josh Talberg of GLT Partners completed the $2.8 million transaction.
16 March 2018 13:49 -
Dougherty Closes Fannie Mae Loan for Twin Cities-Area Community
The mortgage banking firm facilitated a $7.3 million loan to refinance Green Twig Villas, a 62-unit affordable housing property in Oak Park Heights, Minn.
06 March 2018 16:16 -
Timberland Grows in Twin Cities, Obtains $50M Loan
The company will add one more community to its Twin Cities portfolio of nine properties. The new construction will be adjacent to the planned METRO Green Line Extension.
06 March 2018 10:41 -
MN Community Lands $31M Refi
Dougherty Mortgage secured the Fannie Mae loan for Residences at 1700, a 115-unit property in Minnetonka.
13 February 2018 14:05 -
Mixed-Income Asset Coming to Minneapolis
Dougherty Mortgage has closed $42.8 million for Prospect Park Properties and Timberland Partners’ Green on Fourth, a 243-unit community located in the Prospect Park neighborhood.
06 February 2018 17:28 -
Dougherty Arranges $14M Refi for MN Senior Community
Rosemount Senior Living at Steeple Center is located within a 35-minute drive south of downtown Minneapolis and comprises 92 independent, assisted living and memory care units.
06 February 2018 09:46 -
2 MN Communities Land $5M Fannie Mae Loan
The 16-year term loan with a 30-year amortization schedule was arranged by Dougherty’s Minneapolis office on behalf of the borrower, Amorce II Limited Partnership.
09 January 2018 21:01 -
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 Funding Closes $11M Minneapolis Refi
The property is located in the Whittier neighborhood, between uptown and downtown, and is one block from Minneapolis Institute of Art and Minneapolis College of Art and Design.
31 October 2017 15:35 -
Dougherty Closes $14M Loan for Minneapolis Asset
The company worked on behalf of the borrower, Eagan Apartment Associates LLP, to close the 12-year term loan. The community was 98.2 percent occupied as of August.
05 October 2017 13:35 -
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 -
Minneapolis Project Lands $130M Financing
The Legacy, a joint venture between Provident Real Estate Ventures and Shamrock Properties, received a senior loan from PCCP.
26 September 2017 16:43