Minneapolis-St Paul
Timberland Partners JV Open 243-Unit Community in Minneapolis
The development is part of the company’s Green Fourth project, which aims to reduce pollution. G4 includes 66 affordable units.
Twin Cities Multifamily Report – Summer 2019
Multifamily rents in Minneapolis–St. Paul increased 3.1 percent year-over-year through May, 60 basis points above the U.S. average and slightly higher than other Midwestern markets.
Twin Cities Development: Mixed Outlook
The Opus Group’s Matt Rauenhorst and Nick Murnane evaluate the Twin Cities’ multifamily landscape and discuss the challenges developers face in a market with good demographics.
LMC Breaks Ground on 445-Unit Minneapolis Property
The property on First Avenue will include 8,000 square feet of retail and is slated for completion in the fall of 2020.
Trio of Midwest Communities Commands $100M
With this acquisition, The Habitat Co. enters the Minnesota market while expanding its multifamily portfolio in Michigan to more than 2,500 units.
New Minneapolis Community Trades for $25M
Roers Cos. sold Mezzo, a 110-unit property in the city’s Arts District. JLL originated a $16.2 million loan for the new owner.
Dekel Capital Arranges $41M Loan for MN Community
Central Park West includes a total of 199 units, of which six are affordable, according to Yardi Matrix data. The community is close to downtown Minneapolis.
Berkshire Acquires Recently Completed MN Community
The Park Off Central is located less than 20 miles from Minneapolis and St. Paul. The new owner is set to rebrand the 191-unit asset.
Twin Cities Multifamily Report – Winter 2019
Despite a new cycle peak in apartment deliveries in 2018, the average rent growth across the metro remained above the national average.
Affordable Senior Housing Community Opens in MN
The Legends of Spring Lake Park is close to a variety of parks, shopping venues and restaurants, and includes a mix of one-, two- and three-bedroom units.