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Twin Cities Senior Community Trades in $19M Deal The newly constructed 66-unit property north of downtown Minneapolis caters to residents 55 and over. Jan292021 Image courtesy of JLL The Estates at Arbor Oaks, a 66-unit suburban Minneapolis senior property, has changed hands for $18.8 million. JLL Capital Markets facilitated the disposition of the community designated for residents 55 and over. According to public records, an entity affiliated with Peak Capital Partners picked up the newly constructed property from its original developer, Arbor Oaks LLC, linked to Trident Deve...
NOTABLE TRANSACTIONS: Properties along Des Moines' Ingersoll Avenue sold Wednesday, January 6, 2021 8:04 AM Mike Hutchison, who owns and operates Star Bar, has purchased that property at 2811 Ingersoll Ave. as well as an adjacent parcel at which an upscale furniture store is located, Polk County real estate records show. Peachtree Properties Inc., managed by Hutchison, bought the properties at 2801, 2809 and 2811 Ingersoll Ave. for $1.2 million in a transaction that was recorded on Dec. 28. The properties had been owned by John Croat and Karen ...