Minnesota
W&D Closes $158M MF Debt Fund
Walker & Dunlop Investors Partners (WDIP) has closed its latest fund, part of a planned series focused on multifamily bridge… Read more
CRG Completes Minnesota’s Largest Spec Industrial Development
CRG, a national real estate development and investment firm, has completed construction on The Cubes at French Lake, a 1,006,880-square-foot… Read more
JLL Closes $53M Sale of Newly Built MF in Minnesota
JLL has closed the $53.4 million sale of and the $25.5 million financing for Elan West End, a 164-unit, newly… Read more
Report: Minneapolis-St. Paul BTR Market Poised for Growth
The Build-to-Rent (BTR) market in Minneapolis-St. Paul is benefiting from some of the area’s dynamics that attract developers. Due to… Read more
NLOP Sells Four Office Assets for $43M
Net Lease Office Properties (NLOP), a publicly traded real estate investment trust, has sold four U.S. office properties for gross… Read more
Exec Search Firm Expands, Relocates Office at Carlson Center in MN
Executive search firm SkyWater Search Partners is set to relocate and expand its office space at The 601 Tower at… Read more
Transwestern Brokers $72M Sale of Twin Cities Medical Office
Transwestern Real Estate Services (TRS) closed the sale of Hudson Medical Center to Hammes Partners, a private investment platform focused… Read more
Final Phase of BKV-Designed Twin Cities Apartments Complete
Minneapolis-based BKV Group has completed the final phase of Upper Post Flats, an affordable housing and adaptive reuse redevelopment that… Read more
Ryan Cos. Purchases 40-Acre Parcel in Minnesota for $12.7M
Minneapolis-based Ryan Companies has agreed to pay $12.75 million for a 40-acre property on the north end of Rice Creek… Read more
Associated Bank Arranges $145M Loan for MN Office Building
Associated Bank completed a $145,175,000 financing package for the Ryan Companies, for the construction of a three-story, single-tenant Class A… Read more
Chicago, Midwest | People & Companies for January 12, 2024
Choose Chicago CEO and President Lynn Osmond is stepping down later this month. In a statement, she said she was leaving… Read more
Brennan Acquires 7-Building Portfolio in Chicago’s O’Hare Submarket
Brennan Investment Group has acquired seven buildings in Wood Dale, Illinois. Situated on 12.5 contiguous acres in Chicago’s O’Hare submarket, the portfolio… Read more
JLL Arranges Financing for Minneapolis-St. Paul Senior Housing Portfolio
JLL Capital Markets recently facilitated the acquisition financing for three separate senior living communities in the Minneapolis-St. Paul area. JLL… Read more
$60M Secured for a Minnesota Community Development
JLL Capital Markets has arranged mezzanine and construction financing totaling $60.14 million for Avalon Apartments and Townhomes, a mid-rise multifamily… Read more
Accesso Secures Loan Extension for Downtown Minneapolis’ IDS Center
One of Minneapolis’ largest office buildings, IDS Center, secured a three-year loan extension following months of negotiations. The move marks… Read more
Ryan Cos. Signs Lease with Southside Community Health Services
Ryan Companies. has signed a ground lease with Southside Community Health Services, a local healthcare provider, at 1010 East Lake… Read more
Northpond to Invest $200M to Acquire Retail Centers
Northpond Partners, a Chicago-based real estate investor and operator, has partnered with a southeast U.S. pension fund, forming Northpond Retail… Read more