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JLL Capital Markets Secures $67 Million in Refinancing for 100-Unit Mid-Rise Apartment Community in Edina, Minnesota

CHICAGO, IL - JLL Capital Markets announced that it has arranged a $67 million refinancing for Nolan Mains, a 100-unit, mixed-used, mid-rise apartment community located in the 50th and France neighborhood of Edina, Minnesota. JLL worked on behalf of the borrower, Buhl Investors and Saturday Properties, to secure the Fannie Mae loan. The loan will be serviced by JLL Real Estate Capital, LLC, a Fannie Mae DUS lender. Built in 2019, Nolan Main was a public-private partnership with the City of...
United States City Of Edina Jones Lang Lasalle Incorporated Capital Markets Debt Advisory Team Real Estate Capital Fannie Mae

$67M in refinancing secured for a Minnesota multi-housing community

MINNEAPOLIS, March 16, 2022 โ€“ JLL Capital Markets announced that it has arranged a $67 million refinancing for Nolan Mains, a 100-unit, mixed-used, mid-rise apartment community located in the 50th and France neighborhood of Edina, Minnesota.
United States Jones Lang Lasalle Incorporated Capital Markets Debt Advisory Team Real Estate Capital Fannie Mae Buhl Investors

50th & France Shake Up: Buhl Investors Takes Charge

Rendering of planned updates to the Carillon building at 50th & France, just purchased by Buhl Investors 50th & France Shakeup: Buhl Investors Takes Charge The developers of Nolan Mains now control nearly a quarter of the commercial space at 50th & France. What will it mean for Edinaโ€™s crown jewel? Should we just start referring to the entire 50th & France shopping district as Nolan Mains? Buhl Investors, the firm responsible for the new development on the backside of 50th St...
United States La Table Pete Deanovic Suzanne Haugland Max Musicant Billy Reid
Source: tcbmag.com

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