Multifamily news in Minneapolis-St. Paul
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Twin Cities Multifamily Report – Summer 2020
The metro's multifamily market proved resilient in the face of the coronavirus-induced downturn.
10 September 2020 15:16 -
PCCP, Excelsior Group Acquire Metro Minneapolis Community
Each of the 66 apartments at Mills Creek in Maple Grove, Minn., is a stand-alone unit.
31 July 2020 13:21 -
Aeon Lands $54M Loan for Affordable Minneapolis Project
A mix of public and private lenders provided funding for the 172-unit development.
17 July 2020 15:24 -
Top 5 Midwestern Markets for Multifamily Development
Construction projects in five metros account for more than 60 percent of the region’s units underway, according to Yardi Matrix data.
06 July 2020 16:44 -
Minneapolis Community Receives $28M Refi
JLL provided a 10-year, fixed-rate Fannie Mae loan for the 456-unit The Cliffs at Minnetonka.
23 June 2020 20:28 -
Oppidan JV Debuts Minneapolis Senior Community
The developer broke ground on the $85 million project in 2018.
11 June 2020 18:57 -
Twin Cities Multifamily Report – Spring 2020
The Minneapolis-St. Paul rental market could weather the storm better than many coastal metros.
27 May 2020 12:30 -
Suburban Minneapolis Apartments Get $21M HUD Refi
Part of the financing will cover capital improvements to Oak Park Village’s 100 fully affordable units.
26 May 2020 07:09 -
JLL Arranges Development Financing for Minneapolis-Area Community
The 202,122-square-foot NOVO will feature 192 units in Richfield, Minn.
11 May 2020 14:02 -
Top 5 Midwestern Markets for Multifamily Transactions
Yardi Matrix data shows that more than two thirds of the $1.5 billion closed in the first quarter involved assets in only five of the region’s metros.
05 May 2020 17:12 -
CEDARst Acquires 2 Historic Buildings in Minneapolis
Through an adaptive reuse project, the company plans to convert the warehouses into a 345-unit community.
28 April 2020 13:12 -
Top 5 Transactions in the Twin Cities
The biggest deals completed in the Minneapolis-St. Paul metro in the first quarter of 2020, based on Yardi Matrix data.
23 April 2020 12:50 -
Mortenson Opens Luxury Minneapolis Property
The 283-unit community Rafter was designed by Cuningham Group and features local art and neighborhood inspiration.
01 April 2020 14:02 -
Dominium Begins Minneapolis Affordable Housing Development
The finish project will add 154 affordable units to Ramsey County.
27 March 2020 19:22 -
JLL Closes Sale of 88-Unit St. Paul Community
Mox Gunderson, Dan Linnell, Josh Talberg and Adam Haydon assisted Sherman Associates in the disposition of the 1909-built, adaptive-reuse property.
24 March 2020 10:45