Minnesota
Nine Deliveries Make 2020 CA Ventures’ Biggest Year for Student Housing
Chicago-based investment management company CA Ventures has delivered nine student living communities across five states totaling more than 3,900 beds in time for… Read more
Lancaster Pollard Lines Up Refi on Twin Cities Senior Living
Lancaster Pollard Mortgage Company, a division of ORIX Real Estate Capital, recently closed a $25-million refinance for Chaska Heights Senior… Read more
Red Oak Capital Opens Fifth Fund to Investors
Red Oak Capital Group, based in Grand Rapids, MN, said Red Oak Capital Fund V, LLC has been fully qualified by the SEC and is now… Read more
WNC Closes $153M Institutional Tax Credit Fund
Irvine, CA-based WNC closed WNC Institutional Tax Credit Fund 49 LP (WNC Fund 49). The fund raised $153 million in… Read more
Chicago Tops Midwest List for Tech Startups
Chicago once again topped the ranking of the best Midwest cities for startups, according to a new report from locally based venture… Read more
Digital Consultancy Inks Twin Cities’ Largest Office Lease YTD
NKF recently arranged a 65,000-square-foot office lease to Nerdery at 7700 France Ave. in Edina, MN. The deal reportedly is… Read more
Consulting Firm Renews Twin Cities Offices with KBS
Avtex, a customer experience consulting firm, has renewed its 26,000-square-foot headquarters lease at Northland Center in Bloomington, MN, part of… Read more
National Healthcare Provider Lands at Tempe’s Rio 2100
Bright Health Plan (BHP) of Minneapolis signed a 28,000-square-foot sublease at Tempe’s Rio 2100. The long-term lease at 2120 Rio… Read more
Black Bear Capital Arranges Refi’s on Multifamily, Student Properties
Black Bear Capital Partners (BBCP) recently arranged $38.4 million in permanent financing on behalf of various owners to refinance student housing and multifamily properties throughout… Read more
JLL Lines Up Loan for UnitedHealth’s Optum Campus
JLL Capital Markets arranged a $26.6-million acquisition loan for UnitedHealth Group’s Optum Campus, a 473,325-square-foot, fully leased office campus at 13625… Read more
PCCP/Excelsior JV Acquires SFRs in Twin Cities Metro
A joint venture of PCCP, LLC and The Excelsior Group, LLC acquired Mills Creek, a Class A, newly constructed, 66-unit, single-family… Read more
Dalfen Partners with Goldman Sachs on Multi-State Industrial Deal
Dallas-based Dalfen Industrial will partner with Goldman Sachs Merchant Banking Division on a 46-property last-mile industrial portfolio. Financial terms of the… Read more
Greystone Provides $31M to Add Affordable Units in MN
Greystone provided a $30,821,000 Freddie Mac Forward Tax-Exempt Loan to help finance the addition of 172 units to an existing… Read more
Nathan’s Famous Partners with REEF Kitchens
Nathan’s Famous, Inc., a New York City tradition now headquartered in Jericho, NY, is partnering with REEF, one of the… Read more
Twin Cities ALDI Trades to CA Buyer
Hanley Investment Group Real Estate Advisors arranged the sale of a new construction single-tenant ALDI in Chaska, MN, within the… Read more
Merchants Capital Names National Head of Production
Mortgage banking company Merchants Capital has hired Dwayne George as EVP, national head of production. He’ll lead Merchant’s sales offices in New York,… Read more
Ryan Announces Name, Development Partners for St. Paul Ford Site
Ryan Companies on Tuesday announced the new name of its $1.3-billion redevelopment of the 122-acre former Ford site in St. Paul, MN: Highland… Read more
Converted Duluth Hotel Trades to Orbach Affordable Housing
JLL Capital Markets recently closed the $17.45-million sale of Greysolon Plaza, a 150-unit affordable housing community located in downtown Duluth,… Read more
JLL Arranges Refi on Minneapolis-Area Multifamily
JLL Capital Markets arranged $28 million in financing for The Cliffs at Minnetonka, a 456-unit garden-style apartment community in Minnetonka,… Read more