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Alexandria considers tax break for $8M apartment project - Vimarsana News

Alexandria considers tax break for $8M apartment project

The project, “Golf View Apartments,” would be built on the west side of North Nokomis/County Road 44 near the intersection with Green Lane, west of 12 existing townhomes.

JLL Capital Markets Close $27.3 Million Sale and Arranged Acquisition Financing for Newly Built 55+ Housing Community in Minnesota - Vimarsana News

JLL Capital Markets Close $27.3 Million Sale and Arranged Acquisition Financing for Newly Built 55+ Housing Community in Minnesota

CHICAGO, IL - JLL Capital Markets announced today that it has closed the $27.3 million sale and arranged the acquisition financing for Frost English Silver, a newly-built, 107-unit, luxury, 55+ housing community in Maplewood, Minnesota. JLL Marketed the property on behalf of, Sherman Associates. An affiliate of Axial Real Estate Advisors LLC acquired the property. Additionally, working on behalf of Axial, JLL secured the seven-year, fixed-rate Fannie Mae loan. The loan will be serviced by JLL...

Timberland Partners Pays $44M for Minnesota Community - Vimarsana News

Timberland Partners Pays $44M for Minnesota Community

The 168-unit Vincent Woods Apartaments came online in 2020 and is LEED Certified.

Jones Lang LaSalle Incorporated : New multi-housing community near Minneapolis sells for $59M - Vimarsana News

Jones Lang LaSalle Incorporated : New multi-housing community near Minneapolis sells for $59M

Message : Required fields MINNEAPOLIS, July 22, 2021 -JLL Capital Markets announced today that it has closed the $59 million sale of and arranged $44.25 million in acquisition financing for The Cielo Apartments, a 269-unit, multi-housing community in the Minneapolis suburb of Fridley, Minnesota. JLL marketed the property on behalf of the seller, Trident Development. Peak Capital Partners acquired the property. Additionally, JLL worked on behalf of the new owner to secure the seven-year loan through Freddie Mac. The loan will be serviced by JLL Real Estate Capital, LLC, a Freddie Mac Opt...

JLL Capital Markets Announces $30 Million Sale of 117-Unit Lake Jonathan Flats Luxury Apartments in Minneapolis Submarket - Vimarsana News

JLL Capital Markets Announces $30 Million Sale of 117-Unit Lake Jonathan Flats Luxury Apartments in Minneapolis Submarket

MINNEAPOLIS, MN - JLL Capital Markets announced today it has closed the $30 million sale for Lake Jonathan Flats, a multi-housing property totaling 117 units and located in Chaska, Minnesota, about 25 minutes southwest of Minneapolis. JLL worked on behalf of the seller, Trident Development, to complete the sale to Ridgebrook Investments. JLL also worked on behalf of Ridgebrook Investments to secure a fixed rate loan through Bridgewater Bank.  The newly-constructed Lake Jonathan Flats feature studio, one- and two-bedroom floorplans with open concepts, modern kitchens, granite countertops, sta...