Multifamily news in Minneapolis-St. Paul
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Havenpark Capital Partners Pays $71M for Minnesota Manufactured Homes
The two mobile home communities, totaling more than 1,000 sites, are located in the Minneapolis area.
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Twin Cities Market Poised to Stay Solid
Timberland Partners’ Ryan Sailer sizes up the Minneapolis-St. Paul multifamily market and discusses the company’s Sundance Living concept.
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Twin Cities Multifamily Report – Winter 2021
While development powered through and employment rebounded, the metro's average rent continues to drop.
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Twin Cities Senior Community Trades in $19M Deal
The newly constructed 66-unit property north of downtown Minneapolis caters to residents 55 and over.
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Minneapolis Residential Project Lands $22M Loan
The upcoming 128-unit property will be among the first projects to rise in one of the city's Opportunity Zones.
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Top 5 Midwestern Markets for Multifamily Transactions
Even as deal velocity has slowed nationwide, one market’s volume through October picked up by nearly 50 percent compared to last year.
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Minnesota Affordable Property Gets $42M Refi
Aeon, Community Development Trust and Minnesota Housing closed the financing for a 422-unit community located within a few miles of Minneapolis-St. Paul International Airport.
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Minneapolis Student Housing Community Trades for $25M
The 122-unit property is within walking distance of the University of Minnesota.
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CBRE Arranges Minneapolis Luxury Community Sale
Keith Collins, Abe Appert and Ted Abramson assisted the seller in the disposition of the 150-unit property.
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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.
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PCCP, Excelsior Group Acquire Metro Minneapolis Community
Each of the 66 apartments at Mills Creek in Maple Grove, Minn., is a stand-alone unit.
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Aeon Lands $54M Loan for Affordable Minneapolis Project
A mix of public and private lenders provided funding for the 172-unit development.
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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.
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Minneapolis Community Receives $28M Refi
JLL provided a 10-year, fixed-rate Fannie Mae loan for the 456-unit The Cliffs at Minnetonka.
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Oppidan JV Debuts Minneapolis Senior Community
The developer broke ground on the $85 million project in 2018.