Page 3 - Dan Linnell News Today : Breaking News, Live Updates & Top Stories | Vimarsana

MINNEAPOLIS, MN – JLL Capital Markets announced today that it has closed the sale of Urbana Court, a 207-unit, multi-housing community located in the heart of the Twin Cities medical alley in Brooklyn Park, Minnesota. JLL worked on behalf of the seller, Trident Development, LLC, and buyer, Turner Impact Capital, a leading real estate investment firm dedicated to social impact, acquiring the asset for Turner Multifamily Impact Fund II. Completed in 2021, Urbana Court’s studio, one-...

Turner Impact Capital acquired Urbana Court, a 207-unit workforce housing community in Brooklyn Park, Minn., from Trident Development.

Santa Monica, California-based Turner Impact Capital purchased the newly constructed Urbana Court in Brooklyn Park for $47 million.

JLL Capital Markets closed the $73.75M sale of and arranged the $47.93M financing for Rush Creek Apartments, a multi-housing community in Maple Grove.

MINNEAPOLIS, MN – JLL Capital Markets announced that it has arranged construction financing and secured equity for the development of Minnetonka Station, a 275-unit, Class A, transit-oriented multi-housing development project in Minnetonka, Minnesota. JLL represented Linden Street Investments to arrange a joint venture with Virtus Real Estate Capital, as well as a four-year, floating rate construction loan with Bank OZK. Stevens Construction Corp. is the general contractor. Minnetonka...