Georgetowne Homes News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Colorado-based Monarch Investment and Management Group paid $49.275 million for a Rochester residential portfolio in late May, according to electronic certificates of real estate value recently made public. Centerspace LP, which listed a Minneapolis address, sold the five properties containing a total of 445 residential units located across Rochester. The sales were financed with new mortgages, according to the eCRVs. Monarch bought the 72-unit Crystal Bay Townhomes for $13.65 million, which works out to approximately $189,583 per unit. It has two- and three-bedroom townhomes located along Cry...

North Dakota-based Investors Real Estate Trust or IRET sold the Crystal Bay Townhomes, off of Mayowood Road Southwest, to Colorado-based Monarch Investment and Management Group on May 25.

Med City townhome community sold for $12.3 million Georgetowne Homes, a 100-unit townhome community in Northwest Rochester, was sold for $12.35 million earlier this month. Minneapolis-based 2670 Georgetowne Place, LLC, purchased the property. The seller was Georgetowne Limited Partnership, which is based in Oshkosh, Wis. 3:00 pm, Apr. 16, 2021 × A 100-unit townhome community in Northwest Rochester was sold for $12.35 million earlier this month, which is the second-largest local real estate deal of 2021 so far. Georgetowne Homes, which were built in 2001 at 2670 Georgeto...