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JLL Capital Markets closes $43.5 million sale of 168-unit apartment community in Minnesota

JLL Capital Markets closes $43.5 million sale of 168-unit apartment community in Minnesota
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JLL Capital Markets sells 159-unit housing development in Minnesota

JLL Capital Markets sells 159-unit housing development in Minnesota
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JLL Capital Markets closes $17 million sale of multi-housing portfolio in St. Paul

JLL Capital Markets closes $17 million sale of multi-housing portfolio in St. Paul
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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, stainless steel appliances, custom cabinetry and private balconies. Community amenities include a fitness center, rooftop bar and coffee bar area. ....

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