Minneapolis-St Paul

Q&A: Solving the Capital Challenge for Affordable Housing

Aeon President & CEO Alan Arthur reveals his concerns regarding the Twin Cities affordable housing market and explains how the metro could avoid a decades-long crisis.

Aeon Expands Minnesota Footprint

The nonprofit purchased the second-largest affordable housing community in the state, preserving 834 low-income units.

BlackRock Sells Minneapolis Luxury Community

JLL represented the seller in its disposition of Eitel Apartments, the redevelopment of a historic building part of the old Eitel Hospital.

Dougherty Mortgage Closes $54M Construction Loan

The financing will be used for the development of Sundance at Settler’s Ridge, a project in Woodbury, Minn.

Twin Cities Multifamily Report – Fall 2019

The metro’s multifamily market remains healthy, backed by strong population gains and steady demand.

Minneapolis’ Tallest Luxury Condo Tower Breaks Ground

Setting a record for the state, the 41-story high-rise has received nearly $190 million in financing from Related Fund Management and Bank OZK.

IRET Expands Denver, Minneapolis Portfolios

Apart from paying $125.3 million for two communities in Colorado and Minnesota, IRET also sold its entire Topeka, Kan., portfolio for $82.8 million.

Upzoning: Building More to Rent for Less

A few U.S. cities are overhauling zoning rules to increase density and expand the supply of affordable housing. It might take years, however, to find out if significant improvements were made.

Aeon Opens Twin Cities Affordable Community

Situated in Minneapolis’ growing Towerside district, The Louis directly responds to the neighborhood’s lack of affordable housing.

Minneapolis-Area Community Secures $18M Refi

Working on behalf of TE Miller Development, NorthMarq arranged the Freddie Mac loan for a 114-unit property in Edina, Minn.