Minneapolis
Monument Capital Makes Eighth Twin Cities Multifamily Deal
Monument Capital Management, an A-Rod Corp company, has acquired Talus, a 192-unit multifamily community in Plymouth, MN, for an undisclosed… Read more
Square Mile Capital Finances New Salt Lake City Apartment Community
Square Mile Capital Management has originated a $61.8 million loan to finance the ground-up development of 375 West Whitney Avenue,… Read more
Northmarq Arranges Refi on Workforce Housing in Minneapolis Suburbs
Northmarq negotiated the $45,025,000 refinance of Axle Apartments, a 262-unit workforce housing property in Fridley, MN, on behalf of Roers… Read more
Northmarq Adds Investment Sales Team in Twin Cities
Northmarq’s expansion into investment sales has moved into the company’s corporate headquarters market of Minneapolis/St. Paul following four years of… Read more
Multifamily Rent Growth Stalls in August
Multifamily rents nationwide flattened in August 2022, according to a just-released report by Yardi Matrix. The average U.S. asking rent… Read more
Alex. Brown Realty, Biynah Industrial Partners Add to Collection of Truck Terminals
Baltimore, MD-based Alex. Brown Realty and Biynah Industrial Partners, LLC, have added four assets to its nationwide portfolio of truck… Read more
Upscale Apartment Property Trades in Minneapolis Suburb
CBRE has arranged the sale of RiZE on Grand, a 275-unit apartment community located in Burnsville, MN, a suburb of… Read more
Associated Bank Provides Greystar with Financing for Twin Cities Townhomes
Associated Bank closed on $67,534,926 in financing for Greystar to construct Summerwell Maple Grove, a community of two-story luxury townhomes… Read more
Cushman & Wakefield Promotes Kari Olbrecht to Lead Midwest Valuation & Advisory
Cushman & Wakefield has promoted Kari Olbrecht to lead the company’s Valuation & Advisory (V&A) Midwest Market, based in Chicago.… Read more
Northmarq Secures $42M Loan on Mankato Student Housing
Andy Finn, SVP in Northmarq’s Minneapolis-based debt/equity office, arranged $41.61 million in financing for The Grove at Mankato. The 524-unit… Read more
Timberland Partners Acquires $42M Prattville Residential Complex
Cushman & Wakefield has arranged the $42-million sale of Highland Lakes, a 224-unit multifamily property located in the Montgomery submarket… Read more
CEDARst Lines Up Financing for Minneapolis North Loop Tower
CEDARst Companies closed on $170 million in capital with plans to develop Duffy 2.0, 358 apartment units above 40,000 square… Read more
Patty Proshek Joins Avison Young as Director of US Property Management Accounting
Avison Young said Thursday that Patty Proshek has joined the firm as director, U.S. property management accounting. Based in Minneapolis,… Read more
Minneapolis Industrial Investor Meritex Closes Fund IV After Reaching $100M Target
Minneapolis-based industrial investment firm Meritex has closed the commitment period for Meritex Industrial Fund IV with the fund achieving its… Read more
City Center Realty in JV With Contrarian Capital Sells Edina, MN Office Building
Developer City Center Realty Partners, in a joint venture with Contrarian Capital Managment has sold a 45,277-square-foot office building in… Read more
Chicago-Based JLL Team Arranges Financing for 17-State Industrial Service Portfolio
JLL Capital Markets arranged $61 million in acquisition financing for an industrial portfolio comprising nearly two-dozen last-mile, cross-dock truck terminals… Read more
Design Firm Nelson Worldwide Elevates Bevan Bloemendaal to Brand Chief
As part of an ongoing strategic effort to reorganize under a practice-led model, Minneapolis-based Nelson Worldwide, award-winning architecture, design, and… Read more
CRG Raises $450M in Equity Toward New Projects
CRG, the development arm of Chicago-based Clayco, has completed fundraising for a $300-million equity fund that will invest in its… Read more
Newport Capital Partners Eyeing Neighborhood Retail Plaza Deals in Carolinas, Texas and Florida
Chicago-based Newport Capital Partners, longtime niche specialists in neighborhood retail plazas, having just bought Elston Logan Plaza in Chicago’s trendy… Read more