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...